Illinois Central CorporationCommon ControlIllinois Central Railroad Company and the Kansas City Southern Railway Company

Zusammenfassung

On July 29, 1994, IC Corp, ICRR, Kansas City Southern Industries Inc. (KCSI), and the Kansas City Southern Railway Company (KCSR) (collectively applicants) filed a notice of intent to file an application seeking Commission approval and authorization for: (1) IC Corp's acquisition of control of and merger with KCSI; and (2) the resulting common control of ICRR and KCSR by IC Corp. Applicants have submitted a proposed voting trust agreement/management plan for which they seek an informal opinion stating that the proposal effectively insulates IC Corp (the settlor of the trust) from any violation of 49 U.S.C. 11343. The Commission here seeks comments on that issue and other related issues.