U.S. regulators approve merger of Canadian Pacific and Kansas City Southern
STB will require combined railroads to meet conditions on competitive rates, environmental impacts, worker protections, passenger rail.
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Items Tagged with 'Kansas City Southern'
ARTICLES
CP and KCS shareholders vote to approve merger and launch combined North American rail network
Deal now expected to close on December 14 and await federal approval in 2022.
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Canadian Pacific and Kansas City Southern agree on terms of $31 billion takeover
After being disqualified over anti-competition concerns, rival Canadian National argues that rail regulators should also stop a CP-KCS merger.
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Canadian Pacific gains advantage in fight to merge with U.S. freight railway Kansas City Southern
U.S. regulatory board finds that rival bid from Canadian National would not be in the public interest.
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Battle continues for Kansas City Southern
Canadian Pacific submits counter offer to CN deal; shareholders await STB decision.
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CN claims victory over rival railway in bidding war for Kansas City Southern
If approved by regulators, $33.6 billion merger would link Canada, U.S., and Mexico as new USMCA trade agreement takes effect.
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