Cn and watco reach agreement on sale of rail lines in northern ontario, wisconsin, and michigan

Montreal, march 30, 2021 (globe newswire) -- cn (tsx: cnr) (nyse: cni) and watco are pleased to announce that they have reached an agreement for the sale of non-core lines and assets on the soo subdivision (approximately 250 miles of track) that runs from sault ste. marie, ontario to oba, ontario and approximately 650 miles of branch lines of wisconsin central ltd. in wisconsin and michigan. this marks the successful conclusion of the sale process that cn announced and launched in july of 2020.
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