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Huge hurdles, upside in proposed CP-NS mega merger

2015-11-30 16:41:39| Railroads - Topix.net

NEW YORK - Last week, Canadian Pacific Railway made a $28.4 billion takeover bid for Norfolk Southern that would create North America's third-largest railroad by revenue behind Union Pacific and BNSF. The combined company would own over 32,000 miles of track - more than enough to circle the globe-and control just over 20% of the North American market.

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