TSX:CNR - Post Discussion
Post by
Betteryear2 on Dec 06, 2023 6:24pm
CN to Acquire Iowa Northern Railway
MONTREAL, Dec. 06, 2023 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced that it has signed and closed an agreement to acquire Iowa Northern Railway (IANR), which operates approximately 275 track miles in Iowa connecting to CN’s U.S. rail network. The transaction closed into an independent voting trust pending regulatory review of the transaction by the U.S. Surface Transportation Board (STB). CN to Acquire Iowa Northern Railway (globenewswire.com)
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