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In 1999 the assets of [[Conrail]] were divided between CSX and Norfolk Southern. Conrail was a U.S. government run railway which comprised the former assets of the [[Pennsylvania Railroad]] and [[New York Central]] (which had merged in 1968 to become the [[Penn Central]] only to declare bankruptcy in 1970), [[Erie Lackawanna]], [[Ann Arbor Railroad]], [[Lehigh Valley Railroad]], and several others which had all declared [[bankruptcy]] in the early 1970s.
In 1999 the assets of [[Conrail]] were divided between CSX and Norfolk Southern. Conrail was a U.S. government run railway which comprised the former assets of the [[Pennsylvania Railroad]] and [[New York Central]] (which had merged in 1968 to become the [[Penn Central]] only to declare bankruptcy in 1970), [[Erie Lackawanna]], [[Ann Arbor Railroad]], [[Lehigh Valley Railroad]], and several others which had all declared [[bankruptcy]] in the early 1970s.
==See also==
* [[CSX Transportation, Inc. v. Georgia State Board of Equalization]]
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