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Democratic U.S. senator raises concerns over potential CP, CSX deal

2014-10-17 03:36:35| Railroads - Topix.net

The head of a U.S. Senate subcommittee raised concerns in a letter on Thursday to the U.S. Attorney General and head of the top U.S. rail regulator about a potential merger between Canadian Pacific Railway Ltd.and CSX Corp., and called on them both to fully review the antitrust implications of any such deal. A merger would create a transcontinental carrier worth more than $60 billion.

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