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Textainer Makes Its Fifth Container Acquisition in Five Months

Continuing its series of acquisitions, Textainer Group Holdings said it bought about 24,000 TEU (twenty-foot equivalent units) of standard dry freight containers from its managed fleet for about $32.6 million. The acquisition increases the percentage of Textainer's owned fleet to…

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72% from 59% at the start of 2012, it said. It's Textainer's fifth managed container acquisition in the last five months, it said.