CAI International, Inc. Announces Review of Strategic Alternatives
Centerview Partners Engaged as Strategic Financial Advisor
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.
CAI is one of the world’s leading transportation finance and logistics companies. As of
This press release contains forward-looking statements regarding future events and the future performance of CAI, including but not limited to, the statements regarding CAI’s work with a strategic financial advisor. The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for certain forward-looking statements so long as such information is identified as forward-looking and is accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in the information. No assurance can be given that the results of the exploration and review of strategic alternatives will result in action of any particular type. These statements and others herein are forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934 and involve risks and uncertainties that could cause the results of the exploration and review of strategic financial alternatives to vary materially. These risks and uncertainties include, but are not limited to, utilization rates and lease rates of leased transportation equipment, expected economic conditions, expected growth of domestic and international trade, interest rates, residual values, availability of credit both to CAI and to companies in the transportation sector generally, demand for the leased equipment and services offered by CAI’s various divisions, industry investment levels in rolling stock and containers, market lease rates for rolling stock and containers, competition, and growth in domestic and world trade and in demand for logistics services. CAI refers you to the documents that it has filed with the
Sloan Bohlen, Solebury Trout