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Railroad Deal Opponents Lobby White House on $72 Billion Merger
Source: Bloomberg
M&A & RestructuringTransportation & LogisticsRegulation & LegislationElections & Domestic PoliticsAntitrust & Competition
A coalition of shippers and labor unions is seeking President Donald Trump's support to block a proposed $72 billion merger between two major U.S. freight railroads. The political and stakeholder opposition raises regulatory and antitrust risk for the transaction, potentially delaying or jeopardizing its completion and affecting the North American rail sector.
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