Kodachrome Merger Paint Southern Pacific EMD SD45 SP #7558, Tucson, AZ
AUFNAHME: Tucson Yard, AZ, USA, 1997
Kodachrome Merger Scheme = Santa Fe-Southern Pacific Merger
(aus: http://en.wikipedia.org/wiki/Santa_Fe-Southern_Pacific_merger):
In the 1980s, the Atchison, Topeka and Santa Fe Railway (SF) and Southern Pacific Transportation Company (SP) attempted a merger. It began with the merger of holding companies Santa Fe Industries and Southern Pacific Company on December 23, 1983 to form the Santa Fe Southern Pacific Corporation (SFSP), which held the SP shares in a voting trust. After the Interstate Commerce Commission denied the merger, SFSP sold the SP to Rio Grande Industries on October 13, 1988, and was renamed Santa Fe Pacific Corporation on April 25, 1989.[1]
The holding company controlled all the rail and non-rail assets of the former Santa Fe Industries and Southern Pacific Company, and it was intended that the two railroads would be merged. They were confident enough that this would be approved that they began repainting locomotives into a new unified paint scheme, including the letters SP or SF and an adjacent empty space for the other two (as SPSF, the reverse order of the holding company).
The merger was opposed by the Justice Department in 1985 and denied in a 4–1 vote by the Interstate Commerce Commission (ICC) on July 24, 1986, who ruled that such a merger included too many duplicate routes and was therefore monopolistic. The Commission denied SFSP's appeal (again in a 4–1 vote) on June 30, 1987.
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