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...formation of the country's largest railroad company Wednesday despite opponents' claims that the merger of Union Pacific and Southern Pacific would force out competition in the 25 states the two railroads serve. With the completion of the deal, just two railroads, the combined UP-FP and the Burlington Northern-Santa Fe, will control more than 90 percent of all freight traffic west of the Mississippi. Several smaller railroads had opposed the merger, and federal regulators had called the deal "the most anti-competitive rail merger in our history." But Union Pacific lawyers successfully argued that the deal would result...
...formation of the country's largest railroad company Wednesday despite opponents' claims that the merger of Union Pacific and Southern Pacific would force out competition in the 25 states the two railroads serve. With the completion of the deal, just two railroads, the combined UP-FP and the Burlington Northern-Santa Fe, will control more than 90 percent of all freight traffic west of the Mississippi. Several smaller railroads had opposed the merger, and federal regulators had called the deal "the most anti-competitive rail merger in our history." But Union Pacific lawyers successfully argued that the deal would result...
Spurred on by the previous series, the Crimson pulled out a thrilling 4-3 victory to move into the ECAC final. The thousands of Catamount fans who had been bused in from Burlington were left speechless as they watched their team get ousted by the Crimson's stellar defensive play and the rock-solid goaltending of senior Tripp Tracy, who this season became only the third Harvard goalie ever to record over 2,000 career saves...
Einstein is trying to roll past Bruegger's, which has 287 stores and 250 more abuilding. The Burlington, Vermont, company sells more than 3 million bagels a week. CEO Steve Finn plans to have 1,000 stores by 1999. To help fuel that growth, Bruegger's agreed to merge with Quality Dining, a $270 million Indiana restaurant operator...
There are a few towns--hamlets, if you will--where the factories are being welcomed. Rol Hudler, mayor of Burlington, Colorado (pop. 3,000), smells prosperity in the 200 jobs Midwest Farms has promised to bring to town. "The benefits for us will be mind boggling," Hudler says. For his part, Midwest president Houser must meet state regulations limiting the amount of nitrates and other manure products that leach into the soil. Among other things, the company plans to line the 30 lagoons that will contain hog wastes with heavy plastic sheeting designed to prevent the fetid brew from oozing...