CN to acquire key operations of Elgin, Joliet and Eastern Railway for US$300 million From: CCNMatthews Newswire | Date: September 26, 2007 | Copyright 2007 CCNMatthews Newswire. Provided by ProQuest LLC.Copyright information

MONTREAL, QUEBEC and PITTSBURGH, PENNSYLVANIA--(Marketwire - Sept. 26, 2007) - Canadian National Railway Company (CN) (TSX:CNR)(NYSE:CNI) and United States Steel Corporation (NYSE:X) announced today that their respective Boards of Directors have approved an agreement under which CN will acquire the major portion of the Elgin, Joliet and Eastern Railway Company (EJ&E) for US$300 million (approximately C$301 million). The acquisition will significantly improve the fluidity of CN's rail operatio...

Related newspaper, magazine, and journal articles from HighBeam Research

	CN to keep trains rolling during planned Canadian conductors' strike CCNMatthews Newswire ; ... CN's Northern Quebec Internal Short Line, Algoma Central Railway in Ontario, and Mackenzie Northern Railway in Alberta. This news release contains forward-looking statements. CN cautions that, by their nature, forward-looking statements involve risk and uncertainties ...
	CN halts rail operations, embargoes all traffic in Toronto-Montreal corridor, following illegal blockade of rail line CCNMatthews Newswire ; ... with connections to all points in North America. For more information on CN, visit the company's website at www.cn.ca. This news release contains forward-looking statements. CN cautions that, by their nature, forward-looking statements involve risk and uncertainties ...
	CN shuts down rail operations in Toronto-Montreal corridor for safety reasons following illegal blockade by First Nation protesters CCNMatthews Newswire ; ... to resume in this very important corridor. CN hopes to be able to restore service as soon as possible for its customers. This news release contains forward-looking statements. CN cautions that, by their nature, forward-looking statements involve risk and uncertainties ...
	CN to maintain normal rail operations despite threatened labour disruption CCNMatthews Newswire ; MONTREAL, QUEBECCCNMatthews - March 23, 2005) - CN will maintain normal rail operations across Canada in the event of a labour disruption by the International Brotherhood of Electrical Workers (IBEW). The IBEW, which represents 644 CN electrical workers across Canada, issued a notice threatening
	CN announces new executive vice-president, Operations CCNMatthews Newswire ; MONTREAL, QUEBECCCNMatthews - April 25, 2007) - CN announced today the promotion of Keith Creel to the position of executive vice- president, Operations, effective May 1, 2007. Creel will be responsible for the company's rail operations in Canada and the United States and will be based in Edmonton,

See all results.