Bidding War
Author: Russell Stover
Date: 07-14-2008 - 13:16
Actually, Russell is out of the loop. The compact he describes between PRR and BNSF is not a done deal. In fact, BNSF and UP are engaged in a bidding war as we speak (type) which will determine which of them get to participate in this project. This agreement is envisioned as being so lucrative to the PRR that the PRR is expected to purchase the losing bidder.
Russell, I suggest you check with your sources and only report transaction that are infact, completed.
RS