NS and CSX settle Conrail carve-up

A FORMAL agreement to divide Conrail between Norfolk Southern and CSX was unveiled on April 8. The two companies will drop litigation against each other and form a jointly-owned entity to buy the remaining Conrail shares for $115 each in cash. NS will take a 58% stake for $5·9bn and ...

Please sign in or register for free to view this page


Sub Advert

You have reached your limit of news stories for this week. Register for FREE to read this article and get:

  • Unlimited access to online news coverage from:
  • Railway Gazette International covering the global railway industry
  • Metro Report International covering the urban transport sector
  • Rail Business UK industry news for the British railway market
  • Weekly e-mail newsletters covering the sector(s) of your choice
  • Exclusive offers for Railway Gazette Events.

If you are already a registered user or a subscriber you can SIGN IN now