KCS KCS control of Tex-Mex

Ed M Dec 29, 2004

  1. Ed M

    Ed M Passed away May 2012 In Memoriam

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    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
     
  2. BoxcabE50

    BoxcabE50 HOn30 & N Scales Staff Member TrainBoard Supporter

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    Ed-

    By their speaking of seperate on paper, are they saying the just corporate portion? Or is it still also operated independently?

    :D

    Boxcab E50
     
  3. Ed M

    Ed M Passed away May 2012 In Memoriam

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    Don't really know. If I hear some more detail I'll post it here.
     

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