Critics of CSX’s (NASDAQ: CSX) proposed acquisition of Pan Am Railways in New England say the deal could harm competition and workers.
Vermont Rail System (VRS), a short line operator of six railroads controlled by Trans Rail Holding Co., has qualms with CSX’s plans to acquire Pan Am because of how CSX and Norfolk Southern (NYSE: NSC) will manage joint ownership of Pan Am Southern.
The operations of Pan Am Southern (PAS), a Pam Am subsidiary that is partly owned by Norfolk Southern (NS) would be...
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