roberttosh wrote: ↑Sat Aug 07, 2021 9:08 am
Are these 2 support letters potentially needle movers in CSX's favor? I would think that the NNEPRA one definitely is a big get. Certainly more support now across across the entire spectrum than opposition, which has to bode well for CSX's chances.
To be honest, while not meaningless, the letters really don't amount to much one way or the other. Especially these politicians/groups with no skin in the game...
The STB has to look at the transaction wholelistically and make a decision based on facts whether competition will be hampered and whether the transaction will benefit the service region.
They could be a tie breaker in some cases but is this one I don't believe so.
There could be some hold outs who dig their heels in, but by the decision date I fully expect there will be enough back room discussion (ie more greasing/concessions) where the naysayers will relent.