The Wreck of the Penn Central
The Wreck of the Penn Central

Author: Joseph R. Daughen

Publisher: Beard Books

Published: 1999

Total Pages: 384

ISBN-13: 9781893122086

DOWNLOAD EBOOK

It took ten years of laborious planning and exhaustive negotiations to create the mammoth Penn Central Railroad, the largest railroad in United States history. When the leviathan was finally born of a merger between the Pennsylvania and New York Central Railroads on February 1, 1968, the event was hailed as a great day for railroading. But the baby giant survived only 367 days. The crash of the Penn Central set a new record, this time for the largest bankruptcy the United States had ever seen. "The Wreck of the Penn Central" provides a close-up view of the events that brought the Big Train to bankruptcy court--over-regulation, subsidized competition, big labor featherbedding, greed, corporate back-stabbing, stunning incompetence, and, yes, even a little sex.

A Sampling of Penn Central
A Sampling of Penn Central

Author: Jerry Taylor

Publisher: Indiana University Press

Published: 2000

Total Pages: 453

ISBN-13: 025333702X

DOWNLOAD EBOOK

The Penn Central existed only from the New York Central-Pennsylvania merger in 1968, until the formation of Conrail in 1976. This book fills an information void with its 208 wonderful photographs taken between 1970 and 1972. The photos, with their detailed captions, portray the 5,000-plus miles of PC's Southern Region.

Deals from Hell
Deals from Hell

Author: Robert F. Bruner

Publisher: John Wiley & Sons

Published: 2015-09-28

Total Pages: 439

ISBN-13: 0470452595

DOWNLOAD EBOOK

A detailed look at the worst M&A deals ever and the lessons learned from them It's common knowledge that about half of all merger and acquisition (M&A) transactions destroy value for the buyer's shareholders, and about three-quarters fall short of the expectations prevailing at the time the deal is announced. In Deals from Hell, Robert Bruner, one of the foremost thinkers and educators in this field, uncovers the real reasons for these mishaps by taking a closer look at twelve specific instances of M&A failure. Through these real-world examples, he shows readers what went wrong and why, and converts these examples into cautionary tales for executives who need to know how they can successfully navigate their own M&A deals. These page-turning business narratives in M&A failure provide much-needed guidance in this area of business. By addressing the key factors to M&A success and failure, this comprehensive guide illustrates the best ways to analyze, design, and implement M&A deals. Filled with in-depth insights, expert advice, and valuable lessons gleaned from other M&A transactions, Deals from Hell helps readers avoid the common pitfalls associated with this field and presents them with a clear framework for thinking about how to make any M&A transaction a success.

Conquering Gotham
Conquering Gotham

Author: Jill Jonnes

Publisher: Penguin

Published: 2007-04-19

Total Pages: 384

ISBN-13: 1101218894

DOWNLOAD EBOOK

“Superb. [A] first-rate narrative” (The Wall Street Journal) about the controversial construction of New York’s beloved original Penn Station and its tunnels, from the author of Eiffel's Tower and Urban Forests As bestselling books like Ron Chernow's Titan and David McCullough's The Great Bridge affirm, readers are fascinated with the grand personalities and schemes that populated New York at the close of the nineteenth century. Conquering Gotham re- creates the riveting struggle waged by the great Pennsylvania Railroad to build Penn Station and the monumental system of tunnels that would connect water-bound Manhattan to the rest of the continent by rail. Historian Jill Jonnes tells a ravishing tale of snarling plutocrats, engineering feats, and backroom politicking packed with the most colorful figures of Gilded Age New York. Conquering Gotham will be featured in an upcoming episdoe of PBS's American Experience.

Branch Line Empires
Branch Line Empires

Author: Michael Bezilla

Publisher: Indiana University Press

Published: 2017-11-06

Total Pages: 390

ISBN-13: 0253029910

DOWNLOAD EBOOK

The saga of a fierce business rivalry: “Absorbing, well-written . . . will appeal to American history scholars and railroad enthusiasts.” —Choice The Pennsylvania and the New York Central railroads helped to develop central Pennsylvania as the largest source of bituminous coal for the nation. By the late nineteenth century, the two lines were among America’s largest businesses and would soon become legendary archrivals. The PRR first arrived in the 1860s. Within a few years, it was sourcing as much as four million tons of coal annually from Centre County and the Moshannon Valley and would continue do so for a quarter-century. The New York Central, through its Beech Creek Railroad affiliate, invaded the region in the 1880s, first seeking a dependable, long-term source of coal to fuel its locomotives but soon aggressively attempting to break its rival’s lock on transporting the area’s immense wealth of mineral and forest products. Beginning around 1900, the two companies transitioned from an era of growth and competition to a time when each tacitly recognized the other’s domain and sought to achieve maximum operating efficiencies by adopting new technology such as air brakes, automatic couplers, all-steel cars, and diesel locomotives. Over the next few decades, each line began to face common problems in the form of competition from other forms of transportation and government regulation—and in 1968, the two businesses merged. Branch Line Empires offers a thorough and captivating analysis of how a changing world turned competition into cooperation between two railroad industry titans. Includes photographs