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When Conrail was up for grabs, CSX managed to negotiate a sweetheart deal with Conrail management to take over the assets. Norfolk Southern mounted a vigorous proxy fight. Because Conrail management was on CSX’s side, Norfolk Southern would have to win nearly 80% of the available vote. When Norfolk Southern won, the Chairman of CSX stated “We were the victims of a massive dis-information campaign.” High praise for getting out the truth.