Pennsylvania Democrats raise concerns over CP's Norfolk Southern bidCHICAGO (Reuters) - Democrats from Pennsylvania’s congressional delegation sent a letter to a federal rail regulator on Monday raising concerns over the possible negative impacts of a merger between Canadian Pacific and Norfolk Southern Corp. The letter sent to the Surface Transportation Board raised concerns over the impact it could have on railroad jobs in Pennsylvania and said the merger could lead to “disinvestment” in rail infrastructure in the state.  Senator Bob Casey and five members of the U.S. House of Representatives, all Democrats, also wrote that they were deeply concerned about the voting trust structure Canadian Pacific has proposed in its bid for the No. 4 U.S. railroad. The Canadian company in mid-November disclosed its $28 billion offer to buy the Norfolk, Virginia-based railroad. Norfolk Southern has rejected Canadian Pacific’s advances, setting the stage for a possible proxy battle.  The Surface Transportation Board would have to review a merger of the two railroads, which would be a test case since the regulator rewrote the rules for approving takeovers in 2001. The review process would include public hearings where rail customers, labor groups and elected officials would be allowed to weigh in. In their letter, the Pennsylvania Democrats wrote that they believe the acquisition could hurt thousands of rail shippers, manufacturers and local communities, as well as rail workers, in the state, and urged a thorough review of any proposed merger.  Canadian Pacific has said that a takeover of Norfolk Southern would lead to $1.8 billion in annual savings. In early January, two senior Democrats in the U.S. House of Representatives urged the board to reject any merger of Canadian Pacific and Norfolk Southern. A number of industry groups and rail customers, plus a couple of the unions representing workers at Norfolk Southern have also come out against any merger. Last week, the board posted letters from some rail customers who argue that, on the contrary, a merger of Canadian Pacific and Norfolk Southern would create a transcontinental railroad that would result in better service. politicsNews
pennsylvania democrats raise concerns cp norfolk southern bidchicago reuters democrats pennsylvania congressional delegation sent letter federal rail regulator monday raising concerns possible negative impacts merger canadian pacific norfolk southern corp the letter sent surface transportation board raised concerns impact could railroad jobs pennsylvania said merger could lead disinvestment rail infrastructure state senator bob casey five members house representatives democrats also wrote deeply concerned voting trust structure canadian pacific proposed bid no railroad the canadian company disclosed billion offer buy norfolk railroad norfolk southern rejected canadian pacific advances setting stage possible proxy battle the surface transportation board would review merger two railroads would test case since regulator rewrote rules approving takeover the review process would include public hearings rail customers labor groups elected officials would allowed weigh in letter pennsylvania democrats wrote believe acquisition could hurt thousands rail shoppers manufacturers local communities well rail workers state urged thorough review proposed merger canadian pacific said takeover norfolk southern would lead billion annual savings in early january two senior democrats house representatives urged board reject merger canadian pacific norfolk southern a number industry groups rail customers plus couple unions representing workers norfolk southern also come merger last week board posted letters rail customers argue contrary merger canadian pacific norfolk southern would create transcontinental railroad would result better service politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Pennsylvania Democrats raise concerns over CP's Norfolk Southern bidCHICAGO (Reuters) - Democrats from Pennsylvania’s congressional delegation sent a letter to a federal rail regulator on Monday raising concerns over the possible negative impacts of a merger between Canadian Pacific and Norfolk Southern Corp. The letter sent to the Surface Transportation Board raised concerns over the impact it could have on railroad jobs in Pennsylvania and said the merger could lead to “disinvestment” in rail infrastructure in the state.  Senator Bob Casey and five members of the U.S. House of Representatives, all Democrats, also wrote that they were deeply concerned about the voting trust structure Canadian Pacific has proposed in its bid for the No. 4 U.S. railroad. The Canadian company in mid-November disclosed its $28 billion offer to buy the Norfolk, Virginia-based railroad. Norfolk Southern has rejected Canadian Pacific’s advances, setting the stage for a possible proxy battle.  The Surface Transportation Board would have to review a merger of the two railroads, which would be a test case since the regulator rewrote the rules for approving takeovers in 2001. The review process would include public hearings where rail customers, labor groups and elected officials would be allowed to weigh in. In their letter, the Pennsylvania Democrats wrote that they believe the acquisition could hurt thousands of rail shippers, manufacturers and local communities, as well as rail workers, in the state, and urged a thorough review of any proposed merger.  Canadian Pacific has said that a takeover of Norfolk Southern would lead to $1.8 billion in annual savings. In early January, two senior Democrats in the U.S. House of Representatives urged the board to reject any merger of Canadian Pacific and Norfolk Southern. A number of industry groups and rail customers, plus a couple of the unions representing workers at Norfolk Southern have also come out against any merger. Last week, the board posted letters from some rail customers who argue that, on the contrary, a merger of Canadian Pacific and Norfolk Southern would create a transcontinental railroad that would result in better service. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: pennsylvania democrats raise concerns cp norfolk southern bidchicago reuters democrats pennsylvania congressional delegation sent letter federal rail regulator monday raising concerns possible negative impacts merger canadian pacific norfolk southern corp the letter sent surface transportation board raised concerns impact could railroad jobs pennsylvania said merger could lead disinvestment rail infrastructure state senator bob casey five members house representatives democrats also wrote deeply concerned voting trust structure canadian pacific proposed bid no railroad the canadian company disclosed billion offer buy norfolk railroad norfolk southern rejected canadian pacific advances setting stage possible proxy battle the surface transportation board would review merger two railroads would test case since regulator rewrote rules approving takeover the review process would include public hearings rail customers labor groups elected officials would allowed weigh in letter pennsylvania democrats wrote believe acquisition could hurt thousands rail shoppers manufacturers local communities well rail workers state urged thorough review proposed merger canadian pacific said takeover norfolk southern would lead billion annual savings in early january two senior democrats house representatives urged board reject merger canadian pacific norfolk southern a number industry groups rail customers plus couple unions representing workers norfolk southern also come merger last week board posted letters rail customers argue contrary merger canadian pacific norfolk southern would create transcontinental railroad would result better service politicsnews