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Why did CSX make a two tiered offer?

Why did CSX make a two tiered offer?

A two tiered deal was made by CSX because of the heavy regulation Pennsylvania has for mergers and to provide financial considerations for Conrail’s shareholders. Pennsylvania’s Business Corporation Law makes it difficult to perform a first tier tender offer this is why CSX choose to split the offer into two stages.

Is Norfolk Southern in trouble?

NS is experiencing higher than normal attrition among its train crews and is having trouble hiring new conductors due to the tight labor market. NS says its new conductors and conductor trainees are also leaving the railroad at higher rates.

Who owns Project Camelot?

Project Camelot has now been operating for over 16 years with Kerry Cassidy at the helm as CEO and founder. To reach Kerry Cassidy email: [email protected] Kerry Lynn Cassidy is the CEO and Founder of Project Camelot and Project Camelot TV Network LLC. She is a broadcaster, documentary filmmaker and investigative reporter.

What is the US Army Project Camelot?

This article is about the U.S. Army project. For other Camelots, see Camelot (disambiguation). Project Camelot was the code name of a counterinsurgency study begun by the United States Army in 1964. The full name of the project was Methods for Predicting and Influencing Social Change and Internal War Potential.

What happened to Camelot after it was canceled?

“Still, very little about behavioral science funding or design changed after CAMELOT was canceled. A similar project was uncovered in Brazil less than two weeks later and others were launched in Colombia (Project Simpatico) and Peru (Operation Task), sponsored by SORO and funded by the DOD, exactly as CAMELOT had been.”

Why did American University maintain an official silence on Project Camelot?

From the outset there seems to have been a ‘gentleman’s agreement’ not to inquire or interfere in Project Camelot, but simply to serve as some sort of camouflage. American University maintained an official silence which preserved it from more Congressional or executive criticism.” ^ Horowitz, Rise and Fall (1967), p. 25.