In June 1988, Burlington Northern Railroad, a unit of Burlington Northern, said that it was interested in acquiring segments of either the Southern Pacific Railroad or the Atchison, Topeka & Santa Fe Railroad, or both, from Santa Fe Southern Pacific. The Interstate Commerce Commission had previously rejected Santa Fe Southern Pacific's proposal to merger its two railroad units (both were operated separately since the 1983 merger of the railroads' parent companies), and the ICC's refusal to reconsider its rejection forced Santa Fe to sell one of the railroads.

Acquirer: Burlington Northern Railroad
Acquirer Business Discription: Own, operate railroad systems
Acquirer Ultimate Parent: Burlington Northern Santa Fe
Acquirer SIC Code: 4011 - Railroads, line-haul operating
Target Name: Santa Fe Southern Pac-RR Seg
Target Business Description: Operate Railroad Segments
Target Ultimate Parent: Santa Fe Pacific Corp
Target SIC Code: 4011 - Railroads, line-haul operating
Please Note: Target Financials are not included in this report.
Transaction Statistics are not included in this report.

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 Thomson Financial Mergers & Acquisitions
Thomson Financial's (TF) Worldwide Mergers and Acquisitions database covers public and private transactions involving at least a 5% ownership of a company. Transactions include m&a, stock swaps, LBO's, spinoffs, rumored and seeking buyer deals, and more. U.S. deals date as far back as 1979, and international deals to 1985.