PITTSBURGH — L.B. Foster Co. announced that its wholly-owned subsidiary, Foster Thomas Co., has extended its cash tender offer for all outstanding shares of common stock of Portec Rail Products Inc. 5 p.m. on Dec. 22.

WASHINGTON — The Surface Transportation Board fined Canadian National Railway Company $250,000 for “knowingly violating Board orders” regarding the reporting of street-crossing blockages in the Chicago area.

CHICAGO — CN said it has reached a voluntary mitigation agreement (VMA) with the Village of New Lenox, Ill., located approximately 36 miles southwest of downtown Chicago, regarding its acquisition of the Elgin, Joliet and Eastern Railway Company (EJ&E).

CHICAGO — CN has completed construction of the first major rail connection built as part of the continuing integration of the Elgin, Joliet and Eastern Railway Company (EJ&E) that, when all connections are constructed, will enhance the fluidity of train movements along CN routes in the greater Chicago area, the railroad said.

PITTSBURGH — L.B. Foster Co. announced that the United States District Court for the District of Columbia signed the Hold Separate Stipulation and Order and that L.B. Foster’s direct wholly-owned subsidiary, Foster Thomas Co., has completed its cash tender offer for Portec Rail Products Inc.

PITTSBURGH — L.B. Foster Co. and Portec Rail Products Inc. announced that the Department of Justice has issued their final approval of and entered into an agreement with L.B. Foster and Portec relating to L.B. Foster’s acquisition of Portec and the sale of certain assets related to Portec’s rail joint business primarily located at Portec’s Huntington, W.Va., plant.

PITTSBURGH — L.B. Foster Co. and Portec Rail Products Inc. announced the signing of an Asset Purchase Agreement with Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc.

FORT WORTH, Texas — BNSF Railway recognized three shortline railroads for their tremendous success and partnership over the past year with a Shortline Achievement Award at BNSF’s 15th Annual Shortline Conference on Nov. 1 in Grapevine, Texas.

PITTSBURGH — L.B. Foster Co. and Portec Rail Products Inc. announced that they have executed a second amendment to the Agreement and Plan of Merger dated Feb. 16, which was initially amended on May 13.

PITTSBURGH — On Feb. 16, L.B. Foster Co. and its wholly owned subsidiary, Foster Thomas Company, entered into an Agreement and Plan of Merger with Portec Rail Products, Inc.
Pursuant to the merger agreement, L.B. Foster, through its subsidiary, commenced a tender offer for all of Portec’s common stock at a price of $11.71 per share. [...]