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  • Question about CN purchase of B&LE

  • Discussion relating to the Canadian National, past and present. Also includes discussion of Illinois Central and Grand Trunk Western and other subsidiary roads (including Bessemer & Lake Erie and the Duluth, Missabe & Iron Range Railway). Official site: WWW.CN.CA
Discussion relating to the Canadian National, past and present. Also includes discussion of Illinois Central and Grand Trunk Western and other subsidiary roads (including Bessemer & Lake Erie and the Duluth, Missabe & Iron Range Railway). Official site: WWW.CN.CA

Moderators: Komachi, Ken V

 #470553  by rrfoose
 
When CN bought Great Lakes Transportation in 2004, they paid $380 million. Does anyone know the percentages of how much B&LE/P&CD, DM&IR, and the Great Lakes fleet made up the total price? I'm guessing Missabe had to be worth at least half of that $380, and that the Bessemer was worth more than those 8 great lake frieghters. Never saw individual prices because they bought GLT as a whole, but I was curious as to how much each entity might have been worth. Thanks in advance.