December 27, 2012 at 16:18 PM EST
Textainer Group Buys 50.1% Stake in Tap Funding for $78M
Textainer Group Holdings Limited (NYSE: TGH ) the world's largest lessor of intermodal containers based on fleet size, today announced that it acquired a 50.1% interest in TAP Funding Ltd., a Bermuda company that owns an approximately 99,000 TEU (twenty-foot equivalent unit) fleet of containers currently managed by Textainer for approximately $78 million, including
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