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[quote]QUOTE: <i>Originally posted by wabash1</i> <br /><br />Limited clear <br /> <br /> Before you say somethng get the facts straight. I never said that the CSX and UP was merging .... Look it up. I said It was the NS and BNSF. and i never gave a time frame. so hold your breath or not i dont care things are in motion working just as the carriers want with no service problems.( well maybe on the up there is) and the fat cats are getting richer. <br />[/quote] <br /> <br />OK, you are correct you were talking about the NS and BNSF in an older thread about who would buy CSX. You said: <br /><< <br />wabash1 Posted: 12 Aug 2003, 09:05:21 Quote <br /> <br />Posts: 1145 <br />Joined: 22 Apr 2001 <br />Location: US <br /> I wouldnt say that. limited clear . the reliable sorces i have ( not from the round house) is that the paper work is signed and has been since 1999.the bnsf and the ns. and the bnsf would be the parent company my source has never lied and when he said something would happen it would. why the wait you ask? simple they wanted the ns to pay down the debt on the conrail. We was told about a month ago there was going to be a major annoucment comming. well its been 30 days now and i am waiting . <br />>> <br /> <br />Perhaps I misunderstood what you said way back in August 2003, but it sounded to me like you expected something to happen immediately or at least very soon given your reference to thirty days. It has now been 270 days since your post and apparently 300 or more days since you heard this rumor. To my knowledge there has not been any announcement from NS or BNSF to date. I also find it difficult to believe that an agreement to merge entered into in 1999 would be seriously entertained today. A LOT has changed since 1999 and I would have serious doubts that any Board of Directors worth it's salt in our post Enron/Worldcom world of increased corporate scrutiny wouldn't want to readdress and renegotiate such an agreement, if it even exists. <br /> <br />Call me a cynic, but I don't buy it any more than CSXEngineer's rumor. <br /> <br />LC <br /> <br />
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