Cai international announces termination of strategic process

Cai international, inc. announces termination of strategic process, initiation of regular dividends and management change.cai international inc - termination of its formal strategic alternatives review process.cai international - believe that co can best maximize shareholder value by focusing on its profitable core container business.cai international - current market conditions are not conducive to a transaction beneficial to shareholders.cai international - during strategic review process co got multiple expressions of interest regarding a sale of all or a portion.cai international inc - committed to exiting rail and logistics businesses.cai international inc - approved initiation of regular cash dividends.cai international inc - intends to commence paying regular quarterly dividends in q3 of 2020.cai international ic - on june 12, timothy page was appointed ceo.
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