The sale of Milwaukee Road to Soo Line was OKd.
Chicago Milwaukee Corp. announced that it would appeal U.S. District Judge Thomas McMillen’s final approval of the sale of Milwaukee Road’s freight operations to Soo Line Railroad Co. McMillen gave Soo Line’s $571-million offer preliminary approval on Feb. 8 even though it was $210 million less than one made by Chicago & North Western Transportation Co. McMillen said he approved the Soo Line offer because it would be more in the public interest.
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