Re: Finemores to merge with Toll

["Tezza" <tezza2000@dingoblue.net.au>]

"Maurie Daly" <mauried@tpg.com.au> wrote in message
3a909d5e.24349065@can-news.tpg.com.au">news:3a909d5e.24349065@can-news.tpg.com.au...
| On Mon, 19 Feb 2001 03:13:53 GMT, dbromage@fang.omni.com.au (David
| Bromage) wrote:
|
| >Finemores shareholders have finally agreed to a merger with Toll
Holdings.
| >The move takes effect from 2nd March.
| >
| >While it is called a merger, it is in effect a friendly takeover by Toll.
| >Toll is keen to move more freight by rail, and the acquisition of
Finemores
| >could see some of that traffic leave the troad, at least on trunk routes.
| >
| >Cheers
| >David
|
| The problem with this idea is that Finemores are based in Wagga and
| its very hard to see how a significant amount of their freight could
| be moved by rail,given that Wagga or Bomen simply doesnt have any
| large kind of marshalling yard.

Don't they have a large yard at Leightonfield?