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Article: HOSTILE BID FOR D&RGW MONTANA RAIL LINK'S OFFER TO BUY LINE WOULD CREATE THIRD BIG WESTERN RAILROAD.(Business)
- Article from:
- Rocky Mountain News (Denver, CO)
- Article date:
- February 27, 1996
- Author:
CopyrightCOPYRIGHT 1996 Rocky Mountain News. All rights reserved. Reproduced with the permission of Dialog LLC by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Ann Imse Rocky Mountain News Staff Writer
A Montana rail line has launched a hostile attempt to buy the Denver & Rio Grande Western Railroad.
If the long shot is successful, it would create a third big railroad in the West, with service from Kansas City, Mo., to California and from Spokane, Wash., south to Pueblo.
Mergers, one still pending, are cutting the number of Western railroads from four to two.
The move by Montana Rail Link also would keep open two key D&RGW rail lines in Colorado, which are now scheduled for closure.
The lines from Dotsero to Canon City over Tennessee Pass and from Pueblo to Towner in ...