March 11 - Canadian Pacific Railway ceo Hunter Harrison is facing an uphill battle to convince CSX - not just Norfolk Southern - of the merits of a merger.
"Neither one of them think they fit well with us. So I've got a selling job to do if we're going to make this successful," he told Bloomberg Television, confirming for the first time that CSX didn't welcome Canadian Pacific's overtures.
Harrison has been aiming for an acquisition that would create a coast-to-coast railroad, eliminating rail-car exchanges between carriers.
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