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Conrail handover moves ahead
By Railway Gazette International and CMAJ1998-09-01T10:00:00
FORMAL control of the Consolidated Rail Corp passed to CSX and Norfolk Southern on August 22, a statutory 30 days after the Surface Transportation Board issued its written approval of the merger on July 23. With effect from this ’Control Date’, Conrail’s stock was removed from its holding trust, allowing ...
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