CP's 'historic and transformational' merger could be the last of the big rail deals

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U.S. regulator says merger waiver applies to CP but KSC board says CN offer 'superior'The competing bids for U.S. railway Kansas City Southern each received a boost with the U.S. regulator saying a 2001 merger waiver applies to Canadian Pacific Railway, while KCS's board says CN Rail's proposal could lead to a superior proposal.
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