Expect an April decision on whether federal regulators will allow CSX to acquire New England short line Pan Am Railways, according to the Surface Transportation Board.
The board said Friday that it has accepted a request by CSX (NASDAQ: CSX) to consider CSX’s application to acquire Pan Am Railways.
The board’s decision sets a procedural schedule that will include deadlines for additional filings by the applicants, a public comment period that will look at transportation merits and environmental...
https://www.freightwaves.com/news/stb-agrees-to-review-csxs-plans-to-acquire-pan-am-railways