Word: norfolk
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Dates: during 1990-1999
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...ownership of a set of tracks been so contested. The target: Conrail, the once tattered collection of government-owned freight lines that was created in 1976 and went public in 1987. CSX Corp. agreed to buy Conrail last month for more than $8 billion in cash and stock. Rival Norfolk Southern swiftly countered with a massive all-cash bid for Conrail of $10 billion, or $110 a share...
That's when the fight started. Despite Norfolk's munificence, Philadelphia-based Conrail is using Pennsylvania's antitakeover laws to reject the bid. Conrail says the CSX offer will be better in the long haul...
Wall Street isn't getting off at that station. "CSX and CRR, with the complicity of the Pennsylvania legislature, have effectively stacked the deck against an economically superior Norfolk Southern offer for Conrail," contends Donaldson, Lufkin & Jenrette analyst James M. Higgins. The contestants are headed for court...
...crowded and emotional two-hour proceeding, Steven T. Driscoll received a five-year jail sentence and five years of probation for striking Sarah T. Craig 99 and three other undergraduates as they walked along a dark Norfolk, Conn. road. Craig died after sustaining a brief coma...
OWEN PICKETT (D) District 2 (Parts of Norfolk and Virginia Beach...