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2/21/2011
Toll Road Giant Makes Second Offer to Buy RedflexMacquarie Bank and Carlyle Group make $300 million bid for Redflex Traffic Systems.
Redflex Traffic Systems of Australia today announced that the Australia-based toll road giant Macquarie and the asset management firm Carlyle Group would spend $300 million to dominate the red light camera and speed camera business.
"The proposed acquisition of Redflex by the consortium will be by way of a scheme," Redflex stated in its announcement to the Australian Securities Exchange. "The scheme is subject to certain conditions including Redflex shareholder and court approval, regulatory ...
2/20/2011
Belgium, Canada, France, Saudi Arabia, UK Speed Cameras AttackedSpeed cameras come under fire this week in North America, Europe and the Middle East.
2/18/2011
Arizona Senate Committee Approves Photo Radar BanNewly elected members in Arizona House and Senate appear willing to outlaw photo enforcement.
2/17/2011
Canada: Speed Limit Signs Inadequate Near Camera TrapWinnipeg, Canada caught ignoring standards for speed limit sign placement near photo radar units.
2/16/2011
Texas: ATS Sues City For Insufficient Red Light Camera TicketingRed light camera company sues Baytown, Texas over results of anti-camera referendum.
