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First publish date: 2004-03-22
KCS Awarded TMM by Arbitrators
Kansas City Southern announced today that the panel of the AAA International Centre for Dispute Resolution hearing the dispute between KCS and Grupo TMM, S.A. (TMM) issued its interim award on March 19, 2004 finding that the Grupo Transportacion Ferroviaria Mexicana, S.A. de C.V. (Grupo TFM) Acquisition Agreement remains in force and is binding on KCS and TMM in accordance with its terms. |