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We asked the candidates about what to do with the money from the Cincinnati Southern Railway sale. The $1.6 billion the city received from the sale of the 143-year-old Southern Railway to ...
Norfolk Southern also offered alternative sale terms – a 50-year, $865 million note, with the railroad paying interest-only for 50 years at a 3.5% coupon rate that would escalate each year. At ...
In the lease for the Cincinnati Southern Railway between its trustees and Norfolk Southern, one section stands out because it entitles the city to a major cut of any revenue from laying fiber ...
“There were frequent debates ... to complete the railroad,” said Cincinnati attorney Tim Burke, author of a 1977 history of the Cincinnati Southern Railway. “It could have ended up like the ...
The proposed sale of the Cincinnati Southern Railway to Norfolk Southern has sparked opposing paid campaigns and a lot of questions. WVXU has compiled answers to some of the most common ones.
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