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STB has decided that the CP acquisition of DM&E is major transaction
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[quote user="beaulieu"] <p>I think this decision also implies that the CN + EJ&E will also be considered a "significant" transaction which must displease CN. As far as DM&E and IC&E becoming "Class I" carriers as a result of this transaction, probably only if the PRB extension is built. </p><p>As far as the CP and the Mayo Clinic goes, I think the CP has two choices, either fight Mayo to the bitter end, or fight for the option to route coal via the IC&E. A Rochester bypass would almost certainly be so expensive as to make the PRB project unfeaseable, the economics of operating via the IC&E may also be too expensive to make the PRB project happen. </p><p>The IANR is probably looking for what it can get out of the deal, perhaps trackage rights to Chicago. </p><p>[/quote]</p><p>Do you really think IANR would be angling for trackage rights to Chicago?? Granted - they're a solid short-line between Manly and Cedar Rapids and they're doing well on the ethanol and grain business, but do you really think they'd be in a position to want trackage rights all the way to Chicago?</p>
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