GATX Corporation (NYSE:GATX) entered into a definitive agreement to acquire Remaining Railcar Assets of ECN Capital Corp. for approximately $230 million on November 12, 2018. The transaction is subject to standard closing conditions including receipt of any required regulatory approvals. As of November 26, 2018, FTC granted early termination notice. The transaction is expected to occur on November 30, 2018 or as soon as practicable thereafter.

GATX Corporation (NYSE:GATX) compelted the acquisition of the remaining railcar assets of ECN Capital Corp. on January 9, 2019.