Merger & Acquisiton
As seen on the Michigan Interstate Blog!
Rumor has it Michigan Interstate parent company Lakes Interstate Transportation Group has placed a takeover bid of the Natchez Trace & Orient parent railroad and its subsidiaries. Officials were quoted "These guys are a good fit in helping us create the Great Lakes, Gulf, & Orient Railroad, their current leadership team will help bring together two great railroads and create an competitor to rival current class 1s". When asked how they would connect between Indiana and the southeast an official was quoted "We will just buy someone else to fit the mileage gap".
Check out Greg McComas' Michigan Interstate early April update via the button above!