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Chesapeake and Ohio and Norfolk & Western To Merge Plan
New York reports the C&O and N&W submit a merger plan to the Interstate Commerce Commission within sixty days. If approved, the combined system would span about 26 240 miles, create a railroad giant, and face stockholder approval and competition from the Penn Central merger proposal. Alfred Perlman of New York Central calls the C&O N&W merger necessary for his own approval.
MENTIONED IN THIS ARTICLE
NEW York
UPS
Chesapeake & Ohio
Norfolk & Western
Interstate Commerce Commission
ICC
C&C’s
N&W’s
C&o
N&w
Pennsylvania-New York Central
Alfred E. Perlman
New York Central
C&o-N&w
Megger
White House
Thelp
Reading
New Jersey Lackawanna
Tive