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Union PacificThe Reconfiguration: America's Greatest Railroad from 1969 to the Present$
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Maury Klein

Print publication date: 2011

Print ISBN-13: 9780195369892

Published to Oxford Scholarship Online: March 2015

DOI: 10.1093/acprof:osobl/9780195369892.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 01 August 2021

The Bidding War

The Bidding War

Chapter:
(p.309) 23 The Bidding War
Source:
Union Pacific
Author(s):

Maury Klein

Publisher:
Oxford University Press
DOI:10.1093/acprof:osobl/9780195369892.003.0025

This chapter examines the bidding war between Union Pacific Railroad and Burlington Northern Railroad for the Santa Fe Railroad. By 1994 Dick Davidson had settled comfortably into his new job as president and chief executive officer of the now flourishing railroad. Earnings remained high, and morale seemed to be improving. He had kept in place the Business Objectives Matrix, developed soon after Mike Walsh's arrival as chairman. Union Pacific lost out to Burlington Northern in the Santa Fe Railroad sweepstakes, but it had other opportunities to consider. And far from concluding matters, the Burlington Northern-Santa Fe merger opened yet another upheaval in the railroad industry.

Keywords:   merger, Union Pacific Railroad, Burlington Northern Railroad, Santa Fe Railroad, Dick Davidson, railroad industry

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