by SecaucusJunction
If the NYSW goes out of business... who will get control of the Southern Tier east of Binghamton?
Railroad Forums
Moderators: GOLDEN-ARM, NJ Vike
SecaucusJunction wrote:If the NYSW goes out of business... who will get control of the Southern Tier east of Binghamton?why would you ask this question? Do you know something or have heard something?
SecaucusJunction wrote:If the NYSW goes out of business... who will get control of the Southern Tier east of Binghamton?I guess it would depend on what you mean by going out of business. If you mean WR sells his interest in the NYSW then I assume whoever buys that interest in the NYSW would continue to lease the Tier. Of course since CSX and NS a majority shareholders in DO, CSX and NS would have to approve of whoever would wish to buy out WR unless they were buying out WR themselves. Of course since there is no official word that WR intends to sell his interest in DO or the NYSW this whole discussion is nothing but rumours and speculation and I think the moderator should lock this thread.