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| Ohio Central- Sold to G&W? https://www.rypn.org/forums/viewtopic.php?f=1&t=25675 |
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| Author: | Joshua K. Blay [ Sat Aug 02, 2008 12:15 pm ] |
| Post subject: | Ohio Central- Sold to G&W? |
Postings at trainorders.com and also Atlas Model Trains indicate that Ohio Central may have been sold to Genesse & Wyoming. Joshua |
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| Author: | thirdrail [ Sat Aug 02, 2008 12:27 pm ] |
| Post subject: | Re: Ohio Central- Sold to G&W? |
Y'all can find out Monday at: Quote: WHAT: GWI Q2 2008 Financial Release Conference Call WHEN: August 4, 2008 at 11:00 a.m. EDT WHERE: http://www.gwrr.com and click on the "Investors" tab (listen only) Conference Call Dial-In Numbers -- in U.S., call (888) 428-4479 Straight from the GWI website. (I am a shareholder.) |
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| Author: | PaulWWoodring [ Sun Aug 03, 2008 12:03 pm ] |
| Post subject: | Re: Ohio Central- Sold to G&W? |
Teaser! Inquiring minds want to know! |
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| Author: | superheater [ Sun Aug 03, 2008 2:11 pm ] |
| Post subject: | Re: Ohio Central- Sold to G&W? (Nothing on SEC's EDGAR) |
I spent an hour looking on the SEC's "edgar" website, I couldn't find any mention of a form 8-K filing, which is required for such events as: Section 1 -- Registrant's Business and Operations Item 1.01 Entry into a Material Definitive Agreement Section 2 -- Financial Information Item 2.01 Completion of Acquisition or Disposition of Assets Item 2.02 Results of Operations and Financial Condition Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Item 2.05 Costs Associated with Exit or Disposal Activities Section 5 -- Corporate Governance and Management Item 5.01 Changes in Control of Registrant Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers Section 8 -- Other Events Item 8.01 Other Events (The registrant can use this Item to report events that are not specifically called for by Form 8-K, that the registrant considers to be of importance to security holders.) Section 9 -- Financial Statements and Exhibits Item 9.01 Financial Statements and Exhibits Since I'm not a securities attorney, I can't saw whether acquiring the OC would require the filing of an 8-K, but it would seem to be big enough deal to meet any "threshold" requirements of materiality and I think would surely qualify under one of these categories. |
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| Author: | Nova55 [ Sun Aug 03, 2008 3:09 pm ] |
| Post subject: | Re: Ohio Central- Sold to G&W? |
As per trainorders its official...letter went out to employees...steam collection will stay.. |
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| Author: | Alexander D. Mitchell IV [ Sun Aug 03, 2008 4:09 pm ] |
| Post subject: | Re: Ohio Central- Sold to G&W? |
Well, I guess JJJ had to pay for his builder's plate collection habit somehow--he (or his agent) just coughed up $17,000 for a UP Big Boy number plate on eBay......... <:-) |
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| Author: | Dave Lewandoski [ Sun Aug 03, 2008 6:32 pm ] |
| Post subject: | Re: Ohio Central- Sold to G&W? |
Nova55 wrote: As per trainorders its official...letter went out to employees...steam collection will stay.. stay put, never to run again on what used to be "Home Rail"? |
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| Author: | Dave [ Sun Aug 03, 2008 7:32 pm ] |
| Post subject: | Re: Ohio Central- Sold to G&W? |
We can daydream about a systemwide steam program. BTW, what is Corman doing with the QJ's lately? dave |
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| Author: | JohnC [ Sun Aug 03, 2008 8:39 pm ] |
| Post subject: | Re: Ohio Central- Sold to G&W? |
If it is true; then the ALCO's and FM will soon be up for sale. |
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| Author: | co614 [ Mon Aug 04, 2008 7:44 am ] |
| Post subject: | Re: Ohio Central- Sold to G&W? |
Well it's now official as shown on the GW website. My congratulations to Jerry Jacobson for this success. I'm sure Jerry will allocate some of the $219 million he's getting for his stock to benefit his stable of steamers, and I'm only guessing but am confident that he has made sufficient provisions with the buyer to insure that he'll have some operating rights down the road. Now maybe we can talk Jerry into taking over the Grand Canyon railroad operation from Phil Anshutz who just bought the entire Xaterra Corp?? What a great place that would be for his stable and all that fine passenger equipment. Time will tell. Ross Rowland |
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| Author: | railfan_85 [ Thu Aug 07, 2008 2:41 pm ] |
| Post subject: | Re: Ohio Central- Sold to G&W? |
co614 wrote: Well it's now official as shown on the GW website. My congratulations to Jerry Jacobson for this success. I'm sure Jerry will allocate some of the $219 million he's getting for his stock to benefit his stable of steamers, and I'm only guessing but am confident that he has made sufficient provisions with the buyer to insure that he'll have some operating rights down the road. Now maybe we can talk Jerry into taking over the Grand Canyon railroad operation from Phil Anshutz who just bought the entire Xaterra Corp?? What a great place that would be for his stable and all that fine passenger equipment. Time will tell. Ross Rowland Mr. Rowland, You are being far too passive! I personally think Mr. Jacobsen's 6325 would look fantastic in the YRE paint scheme (smile)! |
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