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C&O Seeks Control Of B&O Through Stock Exchange
Chesapeake and Ohio Railway asks the Interstate Commerce Commission for authority to acquire control of the Baltimore and Ohio Railroad by exchanging C&O common stock for B&O stock and to control B&O subsidiaries. The petition argues consolidation is not feasible now but a transitional period could grow earning power and credit. Separate filings request 2,035,398 shares of B&O common stock in exchange for C&O stock with intent to merge in the future.
MENTIONED IN THIS ARTICLE
Washington
Chessapeake and Ohio Railway Co
Interstate Commerce Cormunisswa
Baltimore and Ohio Railroad Co
Sim
C&o
Perm
Saap
B&o
Meracerer
Cemire
Mercer Ur
Mercer
Petizon
B&o Act Its Sunsi
Gges
Rsvd
Bao Properties
Nes
Ainough
Cofforts
Trey