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Eastern Railroad Discussion > Wall Street wish list????Date: 02/03/20 08:04 Wall Street wish list???? Author: The-late-EMD Is U.P. and CSX talking merger?
Posted from Android Date: 02/03/20 08:17 Re: Wall Street wish list???? Author: aehouse No such reports on railroad news media. Where did you hear this?
Date: 02/03/20 09:21 Re: Wall Street wish list???? Author: choodude Just look for a company you can buy up, strip out the assets like "over funded" employee pension plans or real estate, load up with debt and jettison -- complete with tax breaks to boot.
That's not even getting into the pump and dump scam that is Precision Scheduled Railroading. Brian Edited 1 time(s). Last edit at 02/03/20 09:26 by choodude. Date: 02/03/20 09:35 Re: Wall Street wish list???? Author: green Somebody started this website back in Nov. It had some railroaders rattled
http://upcsx.com/ Posted from Android Date: 02/03/20 10:37 Re: Wall Street wish list???? Author: ns1000 I realize sense isn't so "common" anymore, but that's think about this...
All other arguments aside, is something like this REALLY going to happen ANYTIME SOON..??!! Posted from Android Date: 02/03/20 11:04 Re: Wall Street wish list???? Author: flarails882 What going to be the diffrence if they do merge? very little to nothing
unless thing things have changed, I believe it is still illegal for railroad to merge. Date: 02/03/20 11:36 Re: Wall Street wish list???? Author: emd_mrs1 flarails882 Wrote:
------------------------------------------------------- > What going to be the diffrence if they do merge? > Those at the top and the rich make out like bandits. Every one else loses. Based on this situation, it will likely happen. Michael Date: 02/03/20 12:37 Re: Wall Street wish list???? Author: Vicksburg_Route KCS is exempt from the merger and acquisition rules issued by the STB after the UP+SP problems. Normally, I would expect KCS to be the next flag to fall because the acquisition process would be easier and the pricetag would be smaller. However, the Mexican Albatross around the KCS's neck is the poision pill that will keep prospective buyers at bay. If any railroad has an interest in KCS it would likely be CP. It would be an end to end merger and would create a true north-south transcon and North American carrier with virtually no duplicated routes. Selling the Dallas to Meridian, MS mainline as well as the rest of the KCS tracks in Mississippi would bring in some cash. Adding KCS to the CP map would give CP acquisition to refineries for all that Bakken crude as well as several ports on the Gulf of Mexico for exporting grain.
Date: 02/03/20 13:05 Re: Wall Street wish list???? Author: mully I doubt the feds would ever approve a merger like that it would create a monopoly, anything can happen but I would be surprised
IMHO Gary Date: 02/04/20 04:15 Re: Wall Street wish list???? Author: Mojacket There are numerous obstacles to this happening. One, the debt that UP would have to swallow to buy CSX would negate any benefit. Two, shippers and every other railroad would be totally against it. Three, the STB would balk.
At this moment, there isn't much benefit to merging companies. Everyone is doing PSR, so the efficiencies are already built in. |