NEWS UPDATES | JANUARY 19, 2006
CN Purchases RailAmerica's Alberta Short Lines for C$26 Million
CN announced today the purchase of the Alberta short line railways owned by RailAmerica, Inc., of Boca Raton, Fla., for C$26 million in cash. In addition, RailAmerica may receive up to C$4 million in future payments, depending on the development of new business on the acquired railways.
Read CN's press release for more details.
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