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PC: Norfolk Southern to delay Conrail takeover



I'm sorry that this dosen't directly deal with a PC issue, but I does 
affect most of us.  Wait, I'll make it a PC issue.  My question is, did 
the PRR and NYC do anything like the following message I got?




>From conrail-talk -AT- dsop.com Mon Jul 27 13:54:02 1998
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>Date: Mon, 27 Jul 1998 16:33:18 -0400 (EDT)
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>From: Richard Driscoll <Richard.J.Driscoll -AT- valley.net>
>Subject: [CR] Norfolk Southern to delay Conrail takeover
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>Norfolk Southern to delay Conrail takeover
>
>                  Compiled by CBS MarketWatch
>                  Last Update: 07:51 AM July 27, 1998
>
>                  NEW YORK (CBS.MW) -- Norfolk Southern (NSC) will
>temporarily cut
>                  service to several cities and postpone the $10 
billion
>breakup of Conrail
>                  because the industry can't handle any more chaos, The 
Wall
>Street Journal
>                  reported Monday. The move by Norfolk Southern to 
postpone the
>                  takeover until later this year or early next comes 
just
>days after the federal
>                  rail regulator gave its final approval for the 
breakup of
>Conrail to Norfolk
>                  and CSX Corp. (CSX). CSX has said it prefers to take 
over
>its portion of
>                  Conrail in the spring. Analysts said the delay could 
cost
>both rail companies'
>                  bottom line by depriving them of anticipated 
revenues.
>(The Wall Street
>                  Journal) 
>__________________________________________________________________________
>Richard J. Driscoll
>Lebanon, NH						Tufts University
>Richard.J.Driscoll -AT- valley.net				rdriscol@tufts.edu
>Co-Owner NEMRA -AT- LISTSERV.DARTMOUTH.EDU				
>				http://www.tufts.edu/~rdriscol
>
>
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