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the pennsy was broke,the central a little beter,but pennsy thought it was still the big railroad,the combination of that and bankrupt new haven and the whole thing was a mess.pc tried to get all the freight bussines in the northeast and broke erie lackawanna,lehigh valley reading and the rest. conral was formed cleaned up the mess getting rid of unprofitable lines braches etc,selling some,abandoning others.ns/csx bought the whole thing devided as stated above,how well they'll do still remains to be seen....
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