Trinity Industries, Inc. · NYSE:TRN
Trinity Industries — Merger or Acquisition (December 2017)
7 slides from Trinity Industries's merger presentation, Dec 13, 2017
Slide 1: Trinity Industries, Inc. Announces Intention to Spin-Off Infrastructure-Related Businesses
Trinity Industries, Inc. Announces Intention to Spin-Off Infrastructure- Related Businesses December 12, 2017 Investor Contact: TrinityInvestorRelations@trin.net Website: www.trin.net Exhibit 99.2
Slide 2: Forward Looking Statements
Forward Looking Statements Some statements in this presentation, which are not historical facts, are “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements about Trinity's estimates, expectations, beliefs, intent
Slide 3: Spin-Off of Infrastructure-Related Businesses
Spin-Off of Infrastructure-Related Businesses • On December 12, 2017, Trinity Industries announced a plan to pursue the spin-off of its infrastructure-related businesses to shareholders • Transaction is expected to result in two separate public companies that will benefit from: – Leading positions i
Slide 4: Strategic Rationale
Strategic Rationale • Enhances Overall Growth Potential through Focused Companies – New infrastructure company to focus on growing market opportunity in North American infrastructure spending – Trinity Industries to operate industry-leading integrated rail leasing, manufacturing, and services busine
Slide 5: Maintains Benefits of TrinityRail's Integrated Structure
Maintains Benefits of TrinityRail’s Integrated Structure • The spin-off will preserve the TrinityRail integrated business model and its expansive market platforms • As premier provider of rail products and services, offers an unparalleled value proposition for customers • Creates a “one-stop-shop” e
Slide 6: Infrastructure Company Positioned for Success
Infrastructure Company Positioned for Success 6 • New growth-oriented company that is focused on infrastructure-related products and services • Businesses have leading positions in construction, energy, and marine markets • Positioned to grow free cash flows • Will have the balance sheet strength an
Slide 7: Key Milestones to Completion
Key Milestones to Completion 7 Announcement December 2017 Expected Completion H2 2018 • Refinement of new corporate and organizational structures • Form 10 filing and SEC review process • Organization preparation • IRS Ruling on Tax-free status of transaction • Final approval by Board of Directors •
Trinity Industries — Merger or Acquisition (December 2017) on 6ix