PRR stock holdings of N&W

NW Mailing List nw-mailing-list at nwhs.org
Mon May 19 10:03:01 EDT 2014


 

 

 






Most of the shares were sold as a condition of N&W’s 1964 merger and PRR’s upcoming merger with NYC.  There was a drawdown of the remaining shares and divestiture was not complete until 1972.
 
One interesting note about PRR stock -- Wabash officials received PRR stock
in their retirement account.  Some had been purchased at $120-130 per share.
Because there were limitations on selling the stock before retirement,  they could
watch their retirement funding dissolve daily.           Harry Bundy 

  



 
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://six.pairlist.net/pipermail/nw-mailing-list/attachments/20140519/4042a4fc/attachment-0001.html>


More information about the NW-Mailing-List mailing list