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Canadian Pacific seeks ruling on Norfolk Southern deal from U.S. oversight board

2016-02-16 16:59:25| Railroads - Topix.net

Canadian Pacific is seeking an advance ruling from a key U.S. agency that can block its plan to merge with Norfolk Southern. The Calgary-based railway company said Tuesday it will ask the U.S. Surface Transportation Board for a declaration on the viability of a voting trust that CP has suggested as part of its merger plan for Norfolk Southern.

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