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Railways fight back on nationwide merger talk
New York Central and Pennsylvania presidents Symes and Perlman discuss expanding merger studies beyond their lines. They envision consolidating rail networks to about a dozen major systems, aiming for greater efficiency and stockholder value amid regulatory and labor considerations.
MENTIONED IN THIS ARTICLE
New York
United States
James Symes
Pennsylvania
Alfred Perlman
New York Central
Associated Press
Symes
Perlman
Northeast
Los Angeles
Pas
Consolidated Railroad
The
Central
Interstate Commerce Commission
Pocahontas
A.perlman