CP to sell D&H
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- Saginaw Sub Foamer
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CP to sell D&H
According to a Trains.com article, CP has an agreement to sell the D&H to a buyer. CP has not disclosed to the public who the buyer is(maybe NS?). I couldn't find any other articles about this other than Trains.com.
http://trn.trains.com/news/news-wire/20 ... re--hudson
http://trn.trains.com/news/news-wire/20 ... re--hudson
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- cfriedri
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Re: CP to sell D&H
I'm rather interested to see the progression of this. The November 1999 issue of Trains Magazine had a nice article about the purchase of the Delaware and Hudson Railway by the Canadian Pacific Railway. Maybe Pan Am Railways is the buyer?
Connor
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- Railroadfan...fan
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Re: CP to sell D&H
Well either way,an old owner would be taking over the D&H as Pan Am owned the line briefly as well I do believe:
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- MQT1223
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Re: CP to sell D&H
If NS gets it they better ad another heritage unit. The Delaware and Hudson name has a lot of history on its own.
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- Railroadfan...fan
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Re: CP to sell D&H
NS makes the most sense
Re: CP to sell D&H
If I remember correctly the same trackage right agreement that allowed CP to use the old Wabash-NYC routing also allowed NS certain trackage rights on the old D&H. I would have to agree NS is likely the most likely buyer.
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- Saginaw Sub Foamer
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Re: CP to sell D&H
It's NS. They are getting the line between Sunbury and Schenectady, while CP keeps the rest of the line to Montreal.
http://www.cpr.ca/en/investors/norfolk- ... ransaction
http://www.cpr.ca/en/investors/norfolk- ... ransaction
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- MQT1223
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Re: CP to sell D&H
D&H Heritage GEVO... c'mon NS...atrainguy60 wrote:It's NS. They are getting the line between Sunbury and Schenectady, while CP keeps the rest of the line to Montreal.
http://www.cpr.ca/en/investors/norfolk- ... ransaction
1223 OUT! President and Founder of the Buck Creek Central, the Rolling River Route! (2012-2017) President and Founder of the Lamberton Valley Railroad, The Tin Plate Road! Proudly railfanning with Asperger's since 1996.
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Re: CP to sell D&H
Worst kept secret ever. We all saw this comingatrainguy60 wrote:It's NS. They are getting the line between Sunbury and Schenectady, while CP keeps the rest of the line to Montreal.
http://www.cpr.ca/en/investors/norfolk- ... ransaction
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- Railroadfan...fan
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Re: CP to sell D&H
Any idea when this will happen?
- railohio
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Re: CP to sell D&H
Depends on the regulatory filing(s).
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