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Re: BMT Canarsie Line history question.

Posted by Express Rider on Thu May 21 01:36:24 2020, in response to Re: BMT Canarsie Line history question., posted by Elkeeper on Tue May 19 15:26:39 2020.

re: This all goes back to its predecessor, the BRT, which established holding companies to operate its early acquisitions.

I don't have a background in finance/ corporation management.

I didn't realize what you wrote above; that BRT holding companies would operate its early acquisitions. I always thought that these holding companies were just smaller private ones that the BRT swallowed up/ absorbed during the late 19th, early 20th centuries.

Any further explanation is greatly appreciated. Thanks in advance.

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