Mexican rail firm says it needs merger to compete with KC Southern

Posted on: November 17th, 2006
Filed Under: [ Business ] [ Hispanic News ]
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“Mexican mining and railroad company Grupo Mexico said Thursday it will fight the federal antitrust commission’s decision to uphold a previous ruling that blocked the company’s plans to merge two railways.

Grupo Mexico has argued that it must expand in order to compete with railroad holding company Kansas City Southern.”

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