Railtrack shareholders call it a day

02 September 2005

Railtrack"s shareholders have voted to accept an offer of between 245p and 255p per share, amounting to a total of about £500million.

This removes the last obstacle to transferring ownership of the nation"s railway infrastructure to Network Rail, the new not-for-dividend company. 

Within the next few weeks a team of Network Rail appointees will select a supervisory board of 100 persons who will provide guidance to the new company.

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