LEVERAGED BUYOUTS OF RAILROADS. NATIONAL CONFERENCE OF STATE RAILWAY OFFICIALS
Leveraged buyouts of railroads should be allowed, but there should be some ICC regulations which protect railroads from over zealous managers who are only seeking to get rich quick with the least personal financial risk and give shareholders increased returns while the railroad itself falls into financial ruin. Railroads alleviate further traffic congestion on the highways by transporting the goods of the coal, agriculture and minerals industries. If leveraged buyouts are allowed to continue unchecked, the impacts of failed railroads will be felt by the whole transportation industry.
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Supplemental Notes:
- Selected Committee Meeting Papers Presented at the Seventy-fifth Annual Meeting of the American Association of State Highway and Transportation Officials in Atlanta, Georgia, October 9-10, 1989.
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Corporate Authors:
American Association of State Highway and Transportation Officials (AASHTO)
444 North Capitol Street, NW
Washington, DC United States 20001 -
Authors:
- Holland, L
- Conference:
- Publication Date: 1989
Media Info
- Pagination: p. 181-184
Subject/Index Terms
- TRT Terms: Leveraged buyouts; Railroads; Regulations; Return on investment
- Old TRIS Terms: Government regulations
- Subject Areas: Finance; Highways; Law; Railroads; I10: Economics and Administration;
Filing Info
- Accession Number: 00495442
- Record Type: Publication
- Files: TRIS
- Created Date: Jul 31 1990 12:00AM