First major US railroad merger in 2 decades will go forward

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The way has been cleared for the first major railroad merger in more than two decades after federal regulators approved Canadian Pacific’s $31 billion acquisition of Kansas City Southern.

Canadian Pacific trains sit at the main CP Rail train yard in Toronto, March 21, 2022. The first major railroad merger since the 1990s could be approved Wednesday, March 15, 2023, when federal regulators announce their decision on Canadian Pacific's $31 billion acquisition of Kansas City Southern railroad.

Canadian Pacific trains sit at the main CP Rail train yard in Toronto, March 21, 2022. The first major railroad merger since the 1990s could be approved Wednesday, March 15, 2023, when federal regulators announce their decision on Canadian Pacific's $31 billion acquisition of Kansas City Southern railroad.

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a Canadian company bought a US company, for once

These Canadian companies want those RR companies to ship more oil&toxic material through the US to ship 2markets&toxic dump sites. Better oversight of these RR companies needed in US both domestic&foreign companies.

The opposite of what needs to be happening

I hope they don't merge together like those trains in Greece did.

Nationalize the rail

They need a third company for this merger so it can be announced by Gordon Lightfoot.

Timing is… interesting?

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