CAI International (CAI) to Review Strategic Alternatives

CAI International, Inc. (NYSE: CAI), one of the world’s leading transportation finance and logistics companies, today announced that its Board of Directors (“the Board”) has been working with Centerview Partners as its strategic financial advisor in order to explore and evaluate the Company’s strategic alternatives to maximize stockholder value.

There can be no assurance that a transaction or other action will result, or if a transaction is undertaken, its terms or timing. CAI does not intend to disclose further developments with respect to its strategic process, unless and until its Board approves a specific transaction or action, or otherwise concludes the strategic review.

Dave Remington, Chairman of the Board of Directors, added, “We are pleased to be working with Centerview Partners as we continue to focus on maximizing value for all of our stockholders. The addition of Centerview Partners enhances our ability to deliver on that commitment.”

You May Also Be Interested In

• GoPro to merge with Starman Optical in $285M recapitalization deal
• Nebraska expands Tyler Technologies AI tools statewide after DMV pilot
• Energy Vault’s 100 MW AI Infrastructure Project in Sardinia Receives Italian Government Designation as Project of Pre-Eminent National Strategic Interest