News

June 1 is Day 1

By JW 1999-03-01T11:00:00

ON JANUARY 20, Norfolk Southern and CSX announced that they had set June 1 as the target date to implement their $10bn takeover and breakup of Conrail. The so-called Day 1 had been anticipated last September, but when the two railways took control of Conrail on August 23 there were ...

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