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Steam & Excursion > Anshutz Buys the Manitou & Pikes Peak Ry!


Date: 09/17/11 07:35
Anshutz Buys the Manitou & Pikes Peak Ry!
Author: LoggerHogger

An interesting article out of Denver on the latest purchases by Philip Anschutz. Among the purchases is the famous M&PP Ry.

http://www.denverpost.com/business/ci_18907084

Martin




Date: 09/17/11 15:37
Re: Anshutz Buys the Manitou & Pikes Peak Ry!
Author: OKTrainboys

Is that good or bad, Martin ? This perchase came along with the broadmoor in COS and the daily Oklahoman newspaper in OKC....he is a billionaire many times over so I would guess it is good??

Posted from iPhone



Date: 09/17/11 20:10
Re: Anshutz Buys the Manitou & Pikes Peak Ry!
Author: filmteknik

Maybe he'll open a Regal multiplex at the top. Regal Pikes Peak Stadium 14. (They still feel it necessary to tout yesterday's "advanced" feature in their theatre names.)



Date: 09/18/11 06:45
Re: Anshutz Buys the Manitou & Pikes Peak Ry!
Author: BCHellman

OKTrainboys Wrote:
-------------------------------------------------------
> Is that good or bad, Martin ? This perchase came
> along with the broadmoor in COS and the daily
> Oklahoman newspaper in OKC....he is a billionaire
> many times over so I would guess it is good??
>
> Posted from iPhone


It's bad. Everything he touches he destroys. -- U.S West, Rio Grande, SP, Grand Canyon RR, etc. How do you think he got his money?



Date: 09/18/11 09:48
Re: Anshutz Buys the Manitou & Pikes Peak Ry!
Author: wabash2800

His family manufacturing and selling beer?

BCHellman Wrote:
-
> How do you think he got his money?



Date: 09/19/11 22:00
Re: Anshutz Buys the Manitou & Pikes Peak Ry!
Author: DRGW5502

filmteknik Wrote:
-------------------------------------------------------
> Maybe he'll open a Regal multiplex at the top.
> Regal Pikes Peak Stadium 14. (They still feel it
> necessary to tout yesterday's "advanced" feature
> in their theatre names.)


Oh come on!! Phil wouldn't do something that stupid...

Pike's Peak is an obvious place to build an NFL stadium with surrounding condos and outlet mall. I don't know how the peak has survived this long without it.



Date: 09/19/11 22:48
Re: Anshutz Buys the Manitou & Pikes Peak Ry!
Author: filmteknik

Beer? What beer?

How about ranching & land, oil, and later on, railroads and sports/entertainment/arenas etc. Mostly the oil (largest US discovery since Alaska. Worth $1B in 1982).



Date: 09/20/11 04:33
Re: Anshutz Buys the Manitou & Pikes Peak Ry!
Author: Lackawanna484

filmteknik Wrote:
-------------------------------------------------------
> Beer? What beer?
>
> How about ranching & land, oil, and later on,
> railroads and sports/entertainment/arenas etc.
> Mostly the oil (largest US discovery since Alaska.
> Worth $1B in 1982).


He made some money selling Rio Grande to SP, and some more money selling SP to UP. How much of that he kept after SP sank UP's stock is a good question. I believe he had a lockup that prevented him from selling most of his shares.



Date: 09/20/11 11:05
Re: Anshutz Buys the Manitou & Pikes Peak Ry!
Author: Harlock

Ut oh, better go see the remaining vestiges of steam on the line now. Before it gets killed entirely or converted to french fry oil.

Mike Massee
Tehachapi, CA
Photography, Railroading and more..



Date: 09/20/11 14:32
Re: Anshutz Buys the Manitou & Pikes Peak Ry!
Author: wabash2800

It takes money to make money. So I would think the beer in the family started it all...



Date: 09/24/11 16:52
Re: Anshutz Buys the Manitou & Pikes Peak Ry!
Author: filmteknik

What beer business was he in?



Date: 09/25/11 19:11
Re: Anshutz Buys the Manitou & Pikes Peak Ry!
Author: wabash2800

filmteknik Wrote:
-------------------------------------------------------
> What beer business was he in?




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