|
RAILROAD JOBS TO BE CUT BY SANTA FE PACIFIC CORP.
|
CHICAGO - Santa Fe Pacific Corp. plans to reduce employment on
its railroad by 2,700 jobs over five years, officials of the company
say.
The reductions would take place through job buyouts, attrition
and possible layoffs, and would affect both union and white-collar
workers, said Robert Gerht, spokesman for Chicago-based Santa Fe.
The cuts would likely affect Santa Fe Railway across its
11,500-mile system, officials said.
It is not known if any of these cuts wil...
Related newspaper, magazine, and journal articles from HighBeam Research
|
Newmont's $2.5 billion wins Santa Fe Pacific Gold
Mining Engineering
; The six-month bidding war over who would own Santa Fe Pacific Gold ended in March when the company's board of directors accepted Newmont Mining's $2.5 billion stock swap bid (ME, January, p. 17; February, p. 20). The merger creates North America's largest gold company and the world's
|
|
Santa Fe Swaps Coal for Gold; Krebs Lists Gains in Upbeat Report. (Originated from Traffic World)
Knight Ridder/Tribune Business News
; Jul. 5--Santa Fe Pacific Corp. and Hanson Natural Resources Co. have completed a coal-for-gold swap that the two announced in January. Adding Hanson's gold assets to our company will more than double annual gold production and significantly increase reserves, Robert D. Krebs, chairman and chief
|
 "Rocky Mountain News (Denver, CO)")
|
NEWMONT WINS `KINGPIN' DEAL PLANNED $2.5 BILLION PURCHASE OF SANTA FE PACIFIC WOULD CREATE CONTINENT'S LARGEST GOLD PRODUCER.(Business)
Rocky Mountain News (Denver, CO)
; Byline: Richard Williamson Rocky Mountain News Staff Writer Denver's Newmont Mining won the battle for Santa Fe Pacific Gold on Monday in a $2.5 billion deal that creates North ...
|
|
Santa Fe proxy fight looms
Chicago Sun-Times
; Henley Group Inc. will wage a proxy battle to elect its own slate of directors to the board of Santa Fe Southern Pacific Corp. La Jolla, Calif.-based Henley, which owns nearly 15 percent of Chicago-based Santa Fe, said Tuesday it wants to discuss its intentions with Olympia & York Developments
|
|
|
NEWMONT HAS SECOND SHOT AT FORMING MINING GIANT SANTA FE PACIFIC OKS TALKS ON $2 BILLION PLAN.(Business)
Rocky Mountain News (Denver, CO)
; Byline: Richard Williamson Rocky Mountain News Staff Writer Newmont Mining Corp. got a foot back in the door Monday in its pursuit of Santa Fe Pacific Gold Corp. After spurning ...
|
|
Newmont Mining wins battle to acquire Santa Fe Pacific Gold
Weekly Corporate Growth Report
; The Deal: Newmont Mining Corp. won its tenacious threemonth battle for Santa Fe Pacific Gold Corp., agreeing to buy its fellow gold producer for stock valued at $ 2.46 billion or $18.49 per Santa Fe share. Newmont increased its bid to 0.43 Newmont share for each share of Santa Fe, an increase from
|
|
|
PUTTING TOGETHER A GOLDEN AGREEMENT NEWMONT AND SANTA FE GOLD'S MERGER TODAY CREATES THE LARGEST GOLD FIRM IN NORTH AMERICA.(Business)
Rocky Mountain News (Denver, CO)
; Byline: Richard Williamson Rocky Mountain News Staff Writer Newmont Mining Corp.'s stock has tumbled 23 percent since its ``bear hug'' offer ... Cambre, chief executive officer of Newmont Mining Co. By George Kochaniec, jr. / Rocky Mountain News.
|
|
|
Santa Fe Couples to BN
Chicago Sun-Times
; Burlington Northern Inc. and Santa Fe Pacific Corp. have agreed to merge in a transaction valued at $4.2 billion, creating the nation's largest railroad company with tracks blanketing the U.S. west of the Mississippi River. Santa Fe shareholders will receive 0.27 Burlington Northern shares for
|
|
|
HOMESTAKE WON'T RAISE BID FOR SANTA FE PACIFIC PRICE IS FIRM, DESPITE NEWMONT'S HIGHER OFFER.(Business)
Rocky Mountain News (Denver, CO)
; Byline: Jeanie Stokes Bloomberg News SAN FRANCISCO -- Homestake Mining Co. won't raise its stock-swap bid for Santa Fe Pacific Gold Corp., even though Denver-based ...
|
|
|
Santa Fe Couples to BN // Merger Would Create Largest U.S. Railroad
Chicago Sun-Times
; Santa Fe Pacific Corp. and Burlington Northern Inc. have agreed to a $2.7 billion merger deal that would create the nation's largest railroad. The move marks Santa Fe's second major attempt in recent years to merge with another railroad, after previously failing to get regulatory approval for a
|