Hi Raleigh;
Yahoo split the link, as usual. Try putting both halve together.
Anyway, the first paragraph reads:
Quote:
CSX and NS Seek to Acquire Direct Ownership of Conrail Subsidiaries
WASHINGTON, June 4 /PRNewswire-FirstCall/ -- CSX Corporation
(CSX),
Norfolk Southern Corporation (NS), and Consolidated Rail Corporation
(Conrail)today announced the joint filing of a petition with the
Surface Transportation Board (STB) to establish direct ownership and
control by CSX Transportation,Inc. (CSXT) and Norfolk Southern
Railway Company (NSR), the railroad subsidiaries of CSX and NS,
respectively, of two Conrail subsidiaries -- New York Central Lines
LLC (NYC) and Pennsylvania Lines LLC (PRR). CSXT and NSR are
currently managing and operating NYC and PRR, respectively, under
operating agreements approved by the STB in 1998. CSX and NS
jointly acquired Conrail in 1997.
UnQuote.
Pieter Roos
--- In [email protected], Rollain Mercier <[EMAIL PROTECTED]> wrote:
>
> and he notes -
>
> But Conrail does exist as "Conrail Shared Assets Operations" and
the
> CSX/NS takeover didn't happen until 1999. Conrail retained three
> switching lines; in Detroit, Newark and Philadelphia and operate
them
> to this day.
>
> There is a good recap on the site below, which includes a history
of
> the operation from its inception to breakup (and after), as well
as
> an interesting list of links to fallen flags:
>
> http://en.wikipedia.org/wiki/Conrail#Current_operations
>
> BTW - the link you provided below yields an error message: "Sorry,
no
> access to requested story"
>
> Raleigh in Maine where it is snowing!
>
> At 09:13 PM 2/25/2006, pieter_roos wrote:
> >Conrail has not existed since 1997. It was divided between CSX and
> >Norfolk Southern The NYC and PRR reporting marks were revived as
> >part of the division. See this article on line for details.
> >
> >http://www.prnewswire.com/cgi-bin/stories.pl?
> >ACCT=104&STORY=/www/story/06-04-2003/0001959619&EDATE=
> >
> >
> >Pieter Roos
>
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