I have a question about the TPW, but since there's no forum for it, maybe someone on here would know. How much did DO pay for the TP&W back in 1989? Thanks!
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DO acquisition of the TP&W
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Who owned the TPW between 1989 and 1996 then? I've always heard that ATSF sold the lines in 89.
nysw3636 wrote:I believe the year was 1996, and it was only 40% of the TP&W. If memory serves, it was cash and stock valued around $2.3 million. And I believe that CSXT bought 100,000 shares of DO as part of deal.