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Sale of MMA Railway expected to close today

(Source: Associated Press, May 15, 2014)

PORTLAND, Maine The sale of the Maine-based railroad responsible for a deadly oil train derailment in Quebec is nearly final. Chapter 11 trustee Robert Keach said the $15.85 million sale of bankrupt Montreal, Maine and Atlantic Railway will close on Thursday. A separate, parallel Canadian proceeding will be completed at a later date.

Full story: www.seattlepi.com

Thursday, May 15, 2014

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