MONTANA FIRM EYES SP RAIL BID COMPANY'S OFFER FOR SOUTHERN PACIFIC WOULD COMPETE WITH UNION PACIFIC $5.4 BILLION DEAL.(Business)

From: Rocky Mountain News (Denver, CO) | Date: April 17, 1996| Author: Imse, Ann | Copyright information

Byline: Ann Imse Rocky Mountain News Staff Writer

Montana Rail Link is floating a trial balloon about a competing offer to Union Pacific's $5.4 billion buyout of Southern Pacific railroad.

The small Montana railroad - which is owned by one of the nation's richest men, Dennis Washington - would buy the Southern Pacific and sell its five major parts to three or more railroads.

Montana Rail Link would keep and run the east-west mainline through Colora...

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