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UP-BNSF buyout is this true?
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[quote]QUOTE: <i>Originally posted by cstaats</i> <br /><br />BNSF + NS sounds like a good marriage if not made in heaven a good possibility. I would like to take a look at the numbers and see how much freight it would capture from UP and CSX. Nice end to end merger not much in the way of duplication of service so savings from job eliminations would be minimal only the boys in Ft Worth and Norfolk. The numbers for both BNI and NSC look good. UP has a 45% decrease in income last quarter they are buying nobody. I like the looks of two strong companies merging to create a stronger company and strong UP is not. <br />[/quote]Not to make to light of a point of the matter[tup], NS just let the word out of a 20% dividend increase,[bow][bow][bow] reported on CNBC, for the end of the second quarter 2004. Sounds like the beginning of an interesting courtship[;)]
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