BNSF-CN Merger Not on the Agenda
Dan Lang
| Staff ReporterSome of the 300 participants at the Conrail Transaction Council’s meeting carried newspapers containing a full-page advertisement urging “railroad customers” to voice their concerns about plans for the Burlington Northern Santa Fe Corp. and Canadian National Railway Co. to combine their operations in a $6 billion deal ("BNSF, CN Plan Merger,"12-27, p. 1).
The ad was signed by the chief executive officers of Canadian Pacific Railway, CSX Transportation, Norfolk Southern Corp. and Union Pacific Corp. Except for the Canadian Pacific, all the other rail operations have been involved in recent mergers that resulted in serious service problems.
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