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The fund from Cincinnati Southern Railway sale has grown to about $14M

The goal is to grow the principal of the $1.6 billion over time, while still sending at least $26 million a year to the city.

United statesTimothy bayerPaul sylvesterPaul muethingNorfolk southernCincinnati southern railway board of trusteesBoard of trusteesCincinnati southern railway boardConsultant timothy bayerBoard chair paulTreasurer paul

What to know about the company picked to handle the $1 6B from Cincinnati s railroad sale

The Cincinnati Southern Railway board tapped UBS to over the $1.6 trust from the sale. Here's why.

United statesNew yorkPaul muethingAlan lenahanEric gioiaCincinnati southern railway boardFund evaluation groupNorfolk southernThird bankCincinnatii southern railway investmentCincinnati southern railway to norfolkCincinnati southern railroad board onFifth third bankCincinnati southern railroad boardFifth thirdManaging director eric gioia

Railway board awards investment contract for $1 6 billion trust

The Cincinnati Southern Railway board has selected a firm that it wants to advise it on the investment of the $1.6 billion sale of the railroad.

United statesPaul muethingNorfolk southernCincinnati southern railwayCincinnati businessUbs group agBusiness financeNorfolk southern corporationUbs agSubprime mortgage crisisWarburg familyCincinnati business courierEw orleans and texas pacific railwayNorfolk southern railway

One of these 5 companies could manage Cincinnati s $1 6B from railway sale

One of these 5 companies could manage Cincinnati s $1 6B from railway sale
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United statesUniversity of cincinnatiKarl scheerPaul muethingRobert seidelFinancial servicesCincinnati southern railway to norfolkThird bankBoard of trusteesFifth third bankCincinnati southern railwayFifth thirdChicago based northernPresident paul muethingNorthern trustAscension wealth

Say Goodbye to the Last City-Owned Interstate Railroad

Voters backed the sale of Cincinnati Southern Railway, the only city-owned interstate railroad in the country. The city plans to put $1.6 billion from the sale into a trust fund for infrastructure maintenance.

United statesEast palestinePaul muethingRon kaminkowAftab purevalKevin degoodJosh junkerCincinnati southern railway board of trusteesRailroad workers unitedNorfolk southernRailroad historyTexas pacific railwayRathole divisionCincinnati southern railwaySouthwest ohioCincinnati southern railway board