Labor unions` endorsement of Alleghany Corp.`s $1.2 billion offer for Conrail and extensive opposition to Norfolk Southern Corp.`s rival offer apparently has given Alleghany an edge in bidding for the ...
Some shippers from the northeastern and midwestern parts of the country yesterday voiced strong skepticism that any of the top contenders for purchase of the Consolidated Rail Corp. would maintain ...
An investor group led by Morgan Stanley & Co. sweetened its bid for Conrail by $200 million in cash, to $1.4 billion, saying the higher price is justified because of the freight railroad`s strong 1985 ...
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