Railroad Forums 

  • Walter Rich owned the TP&W?

  • Discussion related to New York, Susquehanna & Western operations past and present. Also includes some discussion related to Deleware Otsego owned and operated shortlines. Official web site can be found here: NYSW.COM.
Discussion related to New York, Susquehanna & Western operations past and present. Also includes some discussion related to Deleware Otsego owned and operated shortlines. Official web site can be found here: NYSW.COM.

Moderators: GOLDEN-ARM, NJ Vike

 #1228649  by Steamtown Observer
 
HolyToledo wrote:For only a couple of years why did he ditch it?
Walter Rich / Delaware Otsego owned something like 40% of the company, Gordon Fuller owned a piece and Toronto Dominion Bank owned a piece as a result of a debt restructuring. Bottom line is they got a very good offer for the entire company and took it. TP&W certainly didn't fit in the DO's NY/NJ/PA operating area.