Court to Review BNSF-CN Appeal
The U.S. Court of Appeals for the District of Columbia granted Burlington Northern Santa Fe Corp. and Canadian National Railway Co. an expedited review of their appeal of a Surface Transportation Board decision that blocked the two railroads’ merger.
In an order issued April 25, the three-judge panel set six-week schedule for their review of the case, culminating in oral arguments on June 13.
CN and BNSF announced plans for a $19 billion merger in December that would create the largest railroad in North America.
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A motion to stay the STB order was postponed pending the oral arguments.
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