RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ELFALC, i suspect would sell if got a much higher price for it (perhaps to one of the rail co's?)
ditto Empire but need rates to rise or curve to steepen before they would even think of it, if at all
EVT, UNC and ELF in the long term i suspect privatized and whole thing turned into a family office
EVT and UNC all but ceased trading due to limited float years ago but
believe they wanted to get ELF stake into mid 80s (comparable to where they were at on UNC and EVT) prior to doing anything as would tip their hand re ELF
timing of that depends on when institutions bail. last year took us a very long way in that goal as ELF float now getting very small and likely would take much higher levels to shake out another block
when no minority from which to do accretive buys, why on earth pay copious costs to be public
aside from any taxation events for estate of which i have no idea