Merger of New York Central and Pennsylvania Railroad
GPTKB entity
Statements (45)
Predicate | Object |
---|---|
gptkbp:instance_of |
gptkb:Partnerships
|
gptkbp:completed |
February 1, 1968
|
gptkbp:created |
new operational challenges
|
gptkbp:date |
gptkb:1968
|
gptkbp:depicted_in |
a response to declining freight revenues
|
https://www.w3.org/2000/01/rdf-schema#label |
Merger of New York Central and Pennsylvania Railroad
|
gptkbp:impact |
financial difficulties for Penn Central
|
gptkbp:influenced |
future railroad mergers
|
gptkbp:involved |
gptkb:New_York_Central_Railroad
gptkb:Pennsylvania_Railroad merger negotiations stockholder approvals |
gptkbp:is_a_moment_of |
in transportation policy
|
gptkbp:is_a_subject_of |
gptkb:House_of_Commons
historical research |
gptkbp:is_affected_by |
thousands of employees
labor relations issues |
gptkbp:is_analyzed_in |
in business case studies
|
gptkbp:is_criticized_for |
among stakeholders
|
gptkbp:is_discussed_in |
in economic literature
|
gptkbp:key_event |
in U. S. transportation history
|
gptkbp:landmark |
in corporate mergers
|
gptkbp:led_to |
bankruptcy of Penn Central
in railroad regulations |
gptkbp:negotiated_by |
between railroad executives
|
gptkbp:notable_event |
in the history of American railroads
|
gptkbp:notable_release |
in 1967
|
gptkbp:resulted_in |
gptkb:Penn_Central_Transportation_Company
loss of competition |
gptkbp:significance |
largest railroad merger in U. S. history at the time
|
gptkbp:was_a_case_study |
in merger analysis
|
gptkbp:was_a_catalyst_for |
regulatory changes in the industry
|
gptkbp:was_a_factor_in |
in the decline of the railroad industry
in the rise of Amtrak |
gptkbp:was_a_response_to |
increased competition from trucking
|
gptkbp:was_a_significant_merger |
in the context of U. S. railroads.
|
gptkbp:was_characterized_by |
financial instability
|
gptkbp:was_finalized |
after extensive discussions
|
gptkbp:was_followed_by |
further mergers in the industry
|
gptkbp:was_influenced_by |
economic conditions of the 1960s
|
gptkbp:was_part_of |
a larger trend of railroad consolidation
consolidation trend in U. S. railroads |
gptkbp:was_scrutinized |
by federal regulators
|
gptkbp:bfsParent |
gptkb:Penn_Central_Transportation_Company
|
gptkbp:bfsLayer |
6
|