A U.S. Court of Appeals has unanimously affirmed the Surface Transportation Board’s approval of the CSX, Norfolk Southern (NS), and Conrail merger. In the transaction approved by STB, CSX and NS ...
I am surprised that Maryland has not taken an active role in preventing the CSX Transportation stock tender for Conrail Corp. The two transportation companies provide rail and other services to the ...
Norfolk Southern Corp. dramatically upped the bidding for Conrail Inc., topping CSX’s recent offer by nearly $1 billion yesterday and threatening to launch a hostile takeover if necessary. While the ...