[Federal Register Volume 59, Number 204 (Monday, October 24, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-26265]


[[Page Unknown]]

[Federal Register: October 24, 1994]


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INTERSTATE COMMERCE COMMISSION
[Finance Docket No. 32579 (Sub-No. 6)]1
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    \1\A related consolidated application has been filed in Canadian 
Pacific Limited, Canadian Pacific (U.S.) Holdings Inc., Soo Line 
Corporation and Soo Line Railroad Company--Control--Davenport, Rock 
Island and North Western Railway Company, Finance Docket No. 32579, 
Burlington Northern Railroad Company--Acquisition--Certain Lines of 
Davenport, Rock Island and North Western Railway Company, Finance 
Docket No. 32579 (Sub-No. 1), Burlington Northern Railroad Company--
Acquisition--Certain Lines of Soo Line Railroad Company, Finance 
Docket No. 32579 (Sub-No. 2), and Soo Line Railroad Company--
Acquisition--Certain Lines of Burlington Northern Railroad Company, 
Finance Docket No. 32579 (Sub-No. 3). Also, two related notices of 
exemption have been filed in Burlington Northern Railroad Company--
Trackage Rights Exemption--Soo Line Railroad Company, Finance Docket 
No. 32579 (Sub-No. 4), and Soo Line Railroad Company--Trackage 
Rights Exemption--Burlington Northern Railroad Company, Finance 
Docket No. 32579 (Sub-No. 5).
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Soo Line Railroad Company--Merger Exemption--Davenport, Rock 
Island and North Western Railway Company

    Soo Line Railroad Company d/b/a CP Rail System (Soo) and the 
Davenport, Rock Island and North Western Railway Company (DRI), filed a 
notice of exemption to merge DRI into Soo, with Soo as the successor 
corporation. DRI is jointly owned by Soo and Burlington Northern 
Railroad Company (BN). Under the plan of merger, DRI will be eliminated 
as a separate switching carrier and its functions will be transferred 
to Soo and BN. The merger is contingent upon Soo's prior acquisition of 
control of DRI, which is pending under Finance Docket No. 32579.
    Although this exemption will become effective prior to the 
Commission's approval of the consolidated application, consummation of 
this transaction and all simultaneously filed transactions will occur 
upon the effective date of the Commission's decision in Finance Docket 
No. 32579 and (Sub-Nos. 1, 2, and 3).
    The transaction involves the merger of companies within a corporate 
family and is specifically exempted from the necessity of prior review 
and approval under 49 CFR 1180.2(d)(3). The merger of DRI into Soo, 
will occur only after DRI becomes a wholly owned subsidiary of Soo. The 
merger will not result in adverse changes in service levels, 
significant operational changes, or a change in the competitive balance 
with carriers outside the corporate family.
    To ensure that all employees who may be affected by the transaction 
are given protection under 49 U.S.C. 10505(g)(2) and 11347, the labor 
conditions set forth in New York Dock Ry.--Control--Brooklyn Eastern 
Dist., 360 I.C.C. 60 (1979), are imposed.
    Petitions to revoke the exemption under 49 U.S.C. 10505(d) may be 
filed at any time. The filing of a petition to revoke will not stay the 
transaction. Pleadings must be filed with the Commission and served on: 
William C. Sippel, Two Prudential Plaza, 45th Floor, 180 North Stetson 
Ave., Chicago, IL 60601.

    Decided: October 13, 1994.

    By the Commission, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Acting Secretary.
[FR Doc. 94-26265 Filed 10-21-94; 8:45 am]
BILLING CODE 7035-01-P