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WHO WILL BE THE NEXT TO BUY CSX
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Not gonna happen. For a Class 1 to buy even a single line from another Class 1 requires the same analysis by the STB including all the hearings, litigation and everything that a full blown merger would require. <br /> <br />Second, if UP were to buy such a line from CSX it would seriously damage the value of the remaining portions of CSX and bring a flood of shareholder lawsuits alleging mismanagement and fraud. I would also expect that the Justice Department could get involved given the question of monopoly on coast to coast traffic would be raised for the first time. <br /> <br />Nope, just another rumor. <br /> <br />LC
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