RAILforum: Heads Up: CP/CSX

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Topic: Heads Up: CP/CSX

Gilbert B Norman
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posted

At the Canadian Forum; market cap is a new measurement tool, and by such, CP is now larger than CSX:

http://www.railforum.com/cgi-bin/ultimatebb.cgi/topic/16/32.html

Posts: 9976 | From: Clarendon Hills, IL USA (BNSF Chicago Sub MP 18.71) | Registered: Apr 2002 | IP: Logged |

palmland
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I think this would benefit CP more than CSX - assuming it got past the governmental reviews. Initial report I heard was that CSX rebuffed Harrison's initiative.

Posts: 2397 | From: Camden, SC | Registered: Mar 2006 | IP: Logged |

yukon11
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Here is Fred Frailey's take.

http://cs.trains.com/trn/b/fred-frailey/archive/2014/10/12/cp-says-to-csx-shall-we-dance-s.aspx

Here is also an article, from TRAINS, which reverts back to 2005 which suggests the likelyhood of a Kansas City Southern-CP or CN merger:

http://trn.trains.com/news/railroads/2014/10/analyzing-the-merger-puzzle

At least, back then, they say Kansas City Southern was exempted from merger restrictions.

Richard

Posts: 1909 | From: Santa Rosa | Registered: Jan 2004 | IP: Logged |

PullmanCo
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Member # 1138

posted

At what point will STB/DOJ say no, anti-competitive?

We are getting close.

I don't think a merger is viable from the regulators in this Administration. Much depends on the 2016 election cycle. A Democrat (eg, Hillary), will probably mean no anti-trust level mergers. A Republican may well...

My thoughts.

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The City of Saint Louis (UP, 1967) is still my standard for passenger operations

Posts: 1404 | Registered: Oct 2001 | IP: Logged |

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