INDUSTRY TODAY

摘要

The Dakota, Minnesota & Eastern Railroad has entered into an agreement that will result in a merger of its operations with Canadian Pacific Railway Limited. The announcement follows DM&E's competitive process to find the best approach to advance the PRB project.rnMany options from outright sale of assets to more limited partnering arrangements were received and studied, but after considering all the proposals, DM&E has determined that this sale and merger transaction with CPR, as negotiated, is the best approach to continue the dramatic growth of the existing railroad business, and pursue the final construction phase of DM&E's proposed expansion into the Powder River Basin.