Cameron County will pay $33 million for Union Pacific's stake in the Brownsville and Matamoros Bridge after a presidential permit cleared in July.
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ATVLatino: BROWNSVILLE, Texas — Cameron County is one step closer to owning half of the historic Brownsville-Matamoros International Bridge after receiving federal authorization to finalize the transaction with Union Pacific Railroad. The agreement involves the acquisition of a 50 percent stake in the bridge, a deal valued at approximately $33 million. The presidential authorization granted in July removed one of the last obstacles for the count…