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STB ban halts BNSF-CN merger

By JW 2000-04-01T10:00:00

IN A MOVE that stunned the North American railway industry, the US Surface Transportation Board on March 17 ordered a freeze on all mergers of large railways. The decision followed a four-day hearing into the proposed US$6bn combination of Burlington Northern Santa Fe and Canadian National (RG 2.00 p66) during ...

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