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Merger idea... CP+IC&E+DM&E+KCS
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Ed, <br /> <br />You may have stumbled onto something here with the IC stock. Maybe the best rail investment is to buy and hold the stock of a likely merger candidate. Unfortunately, as per this thread the only likely takeover candidate left is KCS, perhaps one or more of the publicly owned regionals, but little else. Any parallel or coast to coast mergers probably isn't going to offer any stockholder gains at this point, and I am seriously doubting that there are going to be any mergers allowed beyond something involving KCS, maybe the takeover of a regional or two. <br /> <br />That's why it might pay to follow the DM&E thing and grab a few equity shares should they become available. Either the shares will increase when DM&E is takenover by a larger road, or they will become worthless when DM&E goes belly up. <br /> <br />The party's over for those investing in railroads to profer takeover gains.
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