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FD 36472 · CSX CORPORATION AND CSX TRANSPORTATION, INC.—CONTROL AND MERGER—PAN AM SYSTEMS, INC., PAN AM RAILWAYS, INC., BOSTON AND MAINE CORPORATION, MAINE CENTRAL RAILROAD COMPANY, NORTHERN RAILROAD, PAN AM SOUTHERN LLC, PORTLAND TERMINAL COMPANY, SPRINGFIELD TERMINAL RAILWAY COMPANY, STONY BROOK RAILROAD COMPANY, AND VERMONT & MASSACHUSETTS RAILROAD COMPANY

Decision 51144

Served (printed as 4/14/2022) · Decision · Entire Board

APPROVED, SUBJECT TO CONDITIONS, THE APPLICATION BY CSX CORPORATION, CSX TRANSPORTATION, INC. (CSXT), AND 747 MERGER SUB 2, INC., TO ACQUIRE CONTROL OF SEVEN RAIL CARRIERS OWNED BY PAN AM SYSTEMS, INC., AND PAN AM RAILWAYS, INC., AND TO MERGE SIX OF THOSE RAILROADS INTO CSXT. THE BOARD ALSO APPROVED SIX RELATED TRANSACTIONS.

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