1. Beyond that, the rail merger must wend its way through a lengthy regulatory review. 2. Her three-member board has broad authority to approve, alter, or reject rail mergers. 3. In October, the commission forced Daimler-Benz to divest its electrical equipment unit as a condition for approving its rail equipment merger with ABB Asea Brown Boveri. 4. New York Dock rules are supposed to be standard in rail mergers. 5. Rail mergers have not always gone smoothly, but the basic logic of combining some systems is sound and stands to benefit the economy on a continental scale. 6. Responsibility for reviewing and approving rail mergers now falls to that panel. 7. The board has broad powers over rail mergers. 8. The FRA said the review grew out of concerns raised by past rail mergers. 9. The Interstate Commerce Commission is expected to approve Thursday rail merger of Burlington Northern and Santa Fe Pacific Corp., according to transportation experts. 10. The grand scheme would be dictated by the Interstate Commerce Commission, which must approve all rail mergers. |