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Why The Goverment should repo Union Pacific!
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[quote]QUOTE: <i>Originally posted by M.W. Hemphill</i> <br /><br />Kevin: <br /> <br /> <br />What I believe you were proposing is a compulsory spin-off. The U.S. government is highly restricted in its authority to compel a private company to either acquire a unit, or dispose of a unit. If you wanted a compulsory spin-off of a UP component, your first problem is that the laws don't exist to give the government the authority to do this. <br /> <br />There's little to prevent UP's owners from approving a voluntary spin-off, however. You could either purchase enough control of UP to do what you wanted with it, or, you could convince the owners that it was in their best interest. Under current U.S. law, these are your only viable options. <br />[/quote] <br /> <br />The Bell companies thought it would never happen to them.....
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