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By JonC (registered) | Posted March 08, 2009 at 21:34:12
I believe Great Western actually merged with Grand Trunk and was eventually bought by the government in the early 20th century when the national rail system was set up. Also, that the tracks are still in use today (although the system was sold back to the private sector), so I'd argue it was actually an exceptional choice of investment, but poorly run by businessmen that failed to accommodate a changing marketplace.
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