- The shareholders of Fortress Transportation and Infrastructure Investors ( NASDAQ: FTAI ) have approved a merger with the unit FTAI Finance Holdco.
- Post the completion of the merger , the entity will be named FTAI Aviation.
- The ordinary shares and preferred shares of FTAI Aviation are expected to continue to trade on Nasdaq under the existing ticker symbols FTAI, FTAIP, FTAIO and FTAIN, respectively.
- The merger is anticipated to close Nov. 10.
- Source: Press Release
For further details see:
Shareholders approve Fortress Transportation and Infrastructure Investors, unit merger