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Regulators to announce decision in $31B freight rail merger

Por: Associated Press Business March 15, 2023

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OMAHA, Neb. (AP) — The first since the 1990s could be approved Wednesday when federal regulators announce their decision on Canadian Pacific’s $31 billion acquisition of Kansas City Southern railroad.The U.S. Surface Transportation Board has been reviewing since it was agreed to back in 2021. The STB plans to post its decision Wednesday morning.This deal was nearly derailed in 2021 when Canadian National offered $33.6 billion and Kansas City... + full article



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