answersLogoWhite

0

When did the government sell its ownership in Conrail?

Updated: 10/24/2022
User Avatar

IntnlDirofBizBios

Lvl 1
13y ago

Best Answer

In 1987 the federal government sold its controlling interest in Conrail in a $1.9 billion initial public stock offering (IPO), the largest such IPO up to that time.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: When did the government sell its ownership in Conrail?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

When was Conrail created?

Conrail was created in 1974.


When was Conrail Historical Society created?

Conrail Historical Society was created in 1995.


How do i cash conrail stock in?

== ==


Where can one find information about the company Conrail?

Conrail is Consolidated Rail Corporation and they have a website online that has detailed information about the company. They also have a company profile on LinkedIn.


Where is the Conrail Historical Society Inc in Marysville Pennsylvania located?

The address of the Conrail Historical Society Inc is: Po Box 97, Marysville, PA 17053-0097


How did David Goode secure the Conrail deal for Norfolk Southern?

Goode began a campaign to persuade Conrail shareholders to reject the planned merger with CSX, which they did on January 17, 1997.


When did Goode lead a Norfolk Southern Conrail deal?

Under Goode's leadership, Norfolk Southern in 1993 signed on Conrail as a partner in Norfolk Southern's Triple Crown Services


Who has the power to sell land?

In countries that allow the private ownership of land the individual owner(s) have the right to sell their land. In countries where the government retains the title to real property, the grant must come from that government. In any case, only the owner has the power to sell real estate.


Are all the banks owned by the government?

No. The US government has a minority ownership in some, but not all banks. Most banks have no government ownership.


Is project tiger government or private ownership?

government


What is characterized by more government ownership and central planning?

Socialist economy is characterized by more government ownership and central planning.


Define nationalised industry?

is the state ownership,also called public ownership,government ownership or state property.