Government board stands ready with rules for any CP-NS combination

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1

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Government board stands ready with rules for any CP-NS combination

2

I predict that BNSF or UP will jump in with a higher offer. Their survival depends on NOT letting this happen.

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I think if CP makes a hostile offer for NS then NS might seek inclusion with BNSF or UP. My preference would be BNSF.

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Even if this goes forward BNSF or UP will not die. One will end up merging with CP/NS and the other with CN and CSX. CSX is larger than NS and reaches more markets so it is possible BNSF and UP would both prefer CSX anyway.

I suppose it is possible we could end up with 3 systems, none of which go everywhere, but all of which have to much overlap to be allowed to merge with one of the others. For example, CP/NS, UP/CSX, and BNSF/CN.

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mr. Bess, The new railroad could keep the same reporting mark (BNSF): Burlington, Norfolk, Santa Fe.

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Uh, it’s not only the American STB they’d have to satisfy. It’s also the National Transportation Agency of Canada and a number of related Canadian regulators. This merger will never happen.