Search results
Results From The WOW.Com Content Network
The Southern Pacific Santa Fe Railroad (SPSF) was a proposed merger between the parent companies of the Southern Pacific and AT&SF announced on December 23, 1983. As part of the joining of the two firms, all rail and non-rail assets owned by Santa Fe Industries and the Southern Pacific Transportation Company were placed under the control of a ...
On September 22, 1995, the Atchison, Topeka and Santa Fe Railway merged with the Burlington Northern to create the Burlington Northern Santa Fe Railway. However, the merger was not official until December 31, 1996, when a common dispatching system was established, Santa Fe's non-union dispatchers were unionized and the implementation of Santa ...
The merger had long been seen as a logical move, especially since other recent mergers had turned the Burlington Northern Railroad and the Union Pacific Railroad into much larger western railroads, with about the same annual rail revenue of Santa Fe and Southern Pacific combined, and the nation's third-largest railroad. [3]
In September 1995 what was left of the company merged into Burlington Northern. The Santa Fe railroad became part of the Burlington Northern Santa Fe. Robert Krebs served as CEO of the merged company, serving until his retirement. The Santa Fe Pacific Corporation was not related to the Santa Fe Pacific Railroad, which operated from 1897 to 1902.
For premium support please call: 800-290-4726 more ways to reach us
The merger is now widely recognized as the worst such deal in American corporate history. Time Warner spun off AOL in 2009 and was acquired by AT&T in 2018. Levin stayed out of the public eye ...
Burlington Northern Inc. merges subsidiaries Oregon Electric Railway (no longer Class I) and Oregon Trunk Railway (never Class I) into a new subsidiary, Burlington Northern (Oregon-Washington), Inc. January 12: The Atchison, Topeka and Santa Fe Railway acquires full control of the Toledo, Peoria and Western Railroad (no longer Class I) by ...
Ohio’s two biggest amusement parks will now be owned by the world’s largest regional theme park operator thanks to a merger announced Thursday. Cedar Fair-Six Flags merger: A history of Cedar ...