On January 8, 1980, the Missouri Pacific Railroad was purchased by the Union Pacific Railroad. Because of lawsuits filed by various competing railroads, the merger was not approved until September 13, 1982. After the Supreme Court denied a trial from the Southern Pacific, the merger took effect on December 22, 1982, at 2:55 p.m. However, due to outstanding bonds of the Missouri Pacific, the merger with Union Pacific did not become official until January 1, 1997.
History
On July 4, 1851, at St. Louis, Missouri, ground-breaking for the Pacific Railroad marked the beginning of what would later be known as the Missouri Pacific Railroad. The first section of track was... Read More