CMQ: STB Accepts CP Minor Transaction Filing

The Surface Transportation Board Agrees with Canadian Pacific/Soo Line's Application that the Central Maine & Quebec Railway Acquisition Qualifies as a Minor Transaction, and will Proceed on that Basis.

16 January, Washington DC — The STB accepted without reservation CP/Soo Line’s Application for a Minor Transaction for Board approval of its CMQ acquisition. The Decision sets a 180-day deadline for a final Board decision, initiated upon notifications of Intent to Participate in the proceeding, which are due on 04.February. Per the schedule below, and in the absence of any substantial objections, the Board is obliged to render its final decision on 04.May, to be effective 03.June {Decision: Notice of Acceptance of Application; STB Doc. #50099, 16.Jan.2020}