Ed M
December 29th, 2004, 10:06 PM
This was posted on the MexList board by the site administrator:
"This is the day that The Texas Mexican Railway becomes a wholly-owned subsidiary
of Kansas City Southern. The Tex Mex was owned by various Mexican
transportation companies from 1881 until 1995, when KCS began to acquire
interest in it and took a hand in its management. Today is the final step in a
convoluted process of bringing it fully under KCS ownership and control.
Although Tex Mex operations have looked like the KCS for quite some time now,
Tex Mex will remain a separate railway on paper for the foreseeable future.
KCS is expected to gain full ownership of the Mexican railway TFM during 2005."
Lowell G. McManus
Leesville, Louisiana, USA
-----------------------------------------
Regards
"This is the day that The Texas Mexican Railway becomes a wholly-owned subsidiary
of Kansas City Southern. The Tex Mex was owned by various Mexican
transportation companies from 1881 until 1995, when KCS began to acquire
interest in it and took a hand in its management. Today is the final step in a
convoluted process of bringing it fully under KCS ownership and control.
Although Tex Mex operations have looked like the KCS for quite some time now,
Tex Mex will remain a separate railway on paper for the foreseeable future.
KCS is expected to gain full ownership of the Mexican railway TFM during 2005."
Lowell G. McManus
Leesville, Louisiana, USA
-----------------------------------------
Regards