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