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 Post subject: Ohio Central- Sold to G&W?
PostPosted: Sat Aug 02, 2008 12:15 pm 

Joined: Sun Aug 22, 2004 7:38 am
Posts: 1013
Location: Philadelphia
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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 Post subject: Re: Ohio Central- Sold to G&W?
PostPosted: Sat Aug 02, 2008 12:27 pm 

Joined: Sun Apr 29, 2007 4:23 pm
Posts: 180
Location: Florida's Forgotten Coast
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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 Post subject: Re: Ohio Central- Sold to G&W?
PostPosted: Sun Aug 03, 2008 12:03 pm 

Joined: Fri Aug 27, 2004 4:02 pm
Posts: 1881
Location: Back in NE Ohio
Teaser! Inquiring minds want to know!


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 Post subject: Re: Ohio Central- Sold to G&W? (Nothing on SEC's EDGAR)
PostPosted: Sun Aug 03, 2008 2:11 pm 

Joined: Sun Aug 22, 2004 11:54 pm
Posts: 2605
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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 Post subject: Re: Ohio Central- Sold to G&W?
PostPosted: Sun Aug 03, 2008 3:09 pm 

Joined: Thu Apr 12, 2007 8:09 pm
Posts: 597
As per trainorders its official...letter went out to employees...steam collection will stay..

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 Post subject: Re: Ohio Central- Sold to G&W?
PostPosted: Sun Aug 03, 2008 4:09 pm 

Joined: Sun Aug 22, 2004 1:51 pm
Posts: 12147
Location: Somewhere east of Prescott, AZ along the old Santa Fe "Prescott & Eastern"
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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 Post subject: Re: Ohio Central- Sold to G&W?
PostPosted: Sun Aug 03, 2008 6:32 pm 

Joined: Sun Aug 22, 2004 5:58 pm
Posts: 1083
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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 Post subject: Re: Ohio Central- Sold to G&W?
PostPosted: Sun Aug 03, 2008 7:32 pm 

Joined: Sun Aug 22, 2004 7:19 am
Posts: 6464
Location: southeastern USA
We can daydream about a systemwide steam program.

BTW, what is Corman doing with the QJ's lately?

dave

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“God, the beautiful racket of it all: the sighing and hissing, the rattle and clack of the cars over the rails. These were the sounds that made America the greatest country on earth." Jonathan Evison


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 Post subject: Re: Ohio Central- Sold to G&W?
PostPosted: Sun Aug 03, 2008 8:39 pm 

Joined: Tue Jul 18, 2006 12:20 pm
Posts: 217
If it is true; then the ALCO's and FM will soon be up for sale.


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 Post subject: Re: Ohio Central- Sold to G&W?
PostPosted: Mon Aug 04, 2008 7:44 am 

Joined: Sun Aug 22, 2004 5:19 pm
Posts: 2701
Location: Sackets Harbor, NY
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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 Post subject: Re: Ohio Central- Sold to G&W?
PostPosted: Thu Aug 07, 2008 2:41 pm 

Joined: Thu Feb 28, 2008 3:19 pm
Posts: 4
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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