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From: dps@omssw2.UUCP (Dave Schneider)
Newsgroups: net.railroad
Subject: Whither SPSF?
Message-ID: <489@omssw2.UUCP>
Date: Thu, 7-Aug-86 15:58:01 EDT
Article-I.D.: omssw2.489
Posted: Thu Aug  7 15:58:01 1986
Date-Received: Sat, 9-Aug-86 12:25:56 EDT
Distribution: na
Organization: Intel Corp., OMS Div., Systems Group, Hillsboro, OR
Lines: 24

Does anyone know what's going on in the wake of the ICC disapproval of  the
SPSF merger?  Some specific questions are:

        Is SPSF (parent corp) filing an appeal?  To what authority?

        What is happening to the projects that were based on assum-
        ing  the  merger  would  succeed:  painting programs, extra
        connections, etc?

        Can SP recieve any compensation for its  loss  of  non-rail
        property to SPSF (parent corp)?  I think it was kind of ra-
        pacious to transfer title before the merger  was  approved.
        (Can  you  tell  I  have  stronger feelings for SP than for
        ATSF?)

Anyone care to speculate on who else might try to pick up SP's pieces?   My
silly  idea is to have DRGW and SP join, but then I might have trouble put-
ting DRGW together with either MKT or KCS,  who  could  use  some  leverage
against  the big boys.  Yes, I know, MKT is looking to become part of UP to
escape the problem.  But there's not much romance in that.

                                        Dave
                                        "dpsatomssw2"
                                        Thursday, 8.7