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 ...
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 ...
The proposed merger between CSX Corp. and Conrail Inc. could devastate rail operations in Western Maryland once CSX, a major employer there, diverts its freight through Pennsylvania over Conrail lines ...
Norfolk Southern Corp. lost a bid Thursday to have a federal court strike down an agreement that prevents Conrail Inc. from discussing a merger with anyone other than friendly suitor CSX Corp. Judge ...
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