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Eastern Railroad Discussion > CSX/CP Merger


Date: 05/04/15 14:48
CSX/CP Merger
Author: gandydancer4

Sorry if the header got your attention but I am curious if CSX is in the middle of a hostile takeover by CP or if it being "raided " by some wild and crazy investor. Could anyone update us on the situation? Thank you.



Date: 05/04/15 15:05
Re: CSX/CP Merger
Author: callum_out

Haven't heard much lately, died off some time ago.

Out



Date: 05/04/15 15:14
Re: CSX/CP Merger
Author: SpeederDriver

Ah, but is Bill Ackman attempting to gain a position?  Recent reports would so indicate, and would he be doing that in order to "encourage"a merger?



Date: 05/04/15 15:38
Re: CSX/CP Merger
Author: tlk

Mr. Ackman appeared on CNBC this afternoon. Someone has been buying CSX stock, and there was a lot of speculation that it was Ackman's group. He also has a speaking engagement Wednesday and many people that he would announce a take over bid for CSX.

However, today he announced that his announcement tomorrow would have nothing to do with CSX. CSX stock declined after his announcement. He did not say if he might mention another railroad, like say NS.

Posted from Android



Date: 05/04/15 18:42
Re: CSX/CP Merger
Author: SpeederDriver

Can the spiral tunnels handle double stacks???



Date: 05/04/15 20:19
Re: CSX/CP Merger
Author: trainman630

SpeederDriver Wrote:
-------------------------------------------------------
> Can the spiral tunnels handle double stacks???

EHH has thus commanded that they take double stacks, let it be written, let it be done!



Date: 05/05/15 00:26
Re: CSX/CP Merger
Author: DPKrause

They've been handling double stacks for years.



Date: 05/05/15 09:13
Re: CSX/CP Merger
Author: BigSkyBlue

SpeederDriver Wrote:
-------------------------------------------------------
> Can the spiral tunnels handle double stacks???

It might be more pertinent to ask, is the CSX still having to run single stack container trains into Baltimore account lack of clearances?    BSB



Date: 05/05/15 14:27
Re: CSX/CP Merger
Author: DubyaM

BigSkyBlue Wrote:  Well, yes.  That won't change any time soon.
-------------------------------------------------------
> SpeederDriver Wrote:
> --------------------------------------------------
> -----
> > Can the spiral tunnels handle double stacks???
>
> It might be more pertinent to ask, is the CSX
> still having to run single stack container trains
> into Baltimore account lack of clearances?  
>  BSB



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