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Canadian Pacific Pushes for Mergers After CSX Talks End

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Canadian Pacific Railway Ltd. said exploratory talks have ended on a possible merger with CSX Corp. to form a transcontinental railroad, while signaling it will keep pushing for consolidation.

Chief Executive Officer Hunter Harrison scheduled a conference call tomorrow after the company’s third-quarter earnings report to discuss mergers and acquisitions. His overtures to CSX, the largest eastern U.S. railroad, were rebuffed, people familiar with the matter said last week.