In the 1970s, the Atchison, Topeka & Santa Fe Railway (ATSF or SF) and Southern Pacific (SP) attempted a merger. It began with the merger of holding companies Santa Fe Industries and the second incarnation of Southern Pacific on December 23, 1983 to form the Santa Fe Southern Pacific Corporation (SFSP), which held the SP shares in a voting trust. After the Interstate Commerce Commission denied the merger, SFSP sold the SP to Rio Grande Industries on October 13, 1988, and was renamed Santa Fe Pacific Corporation on April 25, 1989.
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