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Conrail (CRR) may be next in line in the rails' buyout blitz. Railroads have been busy crossing tracks toward mergers. The most recent marriage--Burlington Northern Railroad and Santa Fe Pacific--created the nation's largest system. In May, Union Pacific merged with Chicago & North Western. Now some are betting that Conrail and Norfolk Southern will opt to merge, after talking about--and abandoning--the idea 11/2 years ago.
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