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Norfolk Southern CEO says big railroad mergers don't make sense, aren't needed

2014-10-22 23:04:52| Railroads - Topix.net

Norfolk Southern Corp.'s CEO doesn't think railroad mergers are a good idea even if regulators might approve one. CEO Wick Moorman said Wednesday during a conference call on Norfolk's Southern's quarterly results that he doesn't think railroad mergers "make sense at this time."

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