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Re: [BRHSlist] Burlington merger talks

To: BRHSlist@yahoogroups.com
Subject: Re: [BRHSlist] Burlington merger talks
From: Ken Martin <kmartin@c...>
Date: Sun, 13 Apr 2003 12:23:49 -0700
References: <95.2c5e6d1b.2bc9c740@a...> <3E999FE2.97066352@c...>
Val,

First, IIRC is "if I remember/recall correctly"

Second, NP and GN each owned owned 49% making a total of 98% leaving 2%
in other hands. For a full detailing see Overton's book "Burlington Route"

Ken Martin


Val Nelson wrote:
> 
> Ok, now I'm confused...
> 
> Is that to say that NP owned 49% and GN owned the other 49%, or are you saying
> that IIRC, NP, and GN, collectively, owned 49% while CB&Q maintained 51%
> majority?
> 
> Also, what was/is IIRC?
> 
> Thanks much!
> Val
> 
> cttnghmrl@a... wrote:
> 
> > IIRC NP and GN each owned 49% of the common stock of the Burlington, which
> > they purchased around 1898 or 99. Even though the Burlington operated as a
> > separate entity during their ownership, the merger just put them all 
> > together
> > under one name.
> > Ray C.
> >.

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