CAI International, Inc. Announces Termination of Strategic Process, Initiation of Regular Dividends and Management Change

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Jun 15, 2020
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CAI International, Inc. ("CAI" or the "Company") (NYSE: CAI) announces the termination of its formal strategic alternatives review process. As a result of the strategic process, the Company and its Board of Directors (“Board”) believe that the Company can best maximize shareholder value by focusing on its profitable core container business and that current market conditions are not conducive to a transaction beneficial to shareholders.