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December 21, 1999 | JAMES F. PELTZ, TIMES STAFF WRITER
Burlington Northern Santa Fe Corp. agreed Monday to merge with Canadian National Railway Co. to form North America's largest railroad. But the announcement instantly raised questions about whether this combination can avoid the snags that have derailed other recent railroad mergers. The proposed marriage of Burlington Northern Santa Fe, based in Fort Worth, and Montreal-based Canadian National would create a railroad with 50,000 miles of track, annual revenue of $12.
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BUSINESS
December 21, 1999 | JAMES F. PELTZ, TIMES STAFF WRITER
Burlington Northern Santa Fe Corp. agreed Monday to merge with Canadian National Railway Co. to form North America's largest railroad. But the announcement instantly raised questions about whether this combination can avoid the snags that have derailed other recent railroad mergers. The proposed marriage of Burlington Northern Santa Fe, based in Fort Worth, and Montreal-based Canadian National would create a railroad with 50,000 miles of track, annual revenue of $12.
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