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DEALS & CASES

Montreal, Maine & Atlantic Railway sells railroad line to Eastern Maine Railway

March 2012

On March 19, 2012, Montreal Maine & Atlantic Railway, Ltd. completed the sale (subject to regulatory approvals) of its Madawaska-Van Buren-St. Leonard railroad line to J.D. Irving subsidiary Eastern Maine Railway Company for an undisclosed amount.

Gowlings advised Montreal Main & Atlantic on this disposition with a team that included Henry S. Brown Q.C. (transportation) and Alain Lalonde (real estate).


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