For decades the New York Central reigned as one of Americas most important railroads. Beginning with the 1853 consolidation of a group of fledgling railways tha

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) transact

It took ten years of laborious planning and exhaustive negotiations to create the mammoth Penn Central Railroad, the largest railroad in United States history.