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15 mar 2023 · A federal regulator on Wednesday approved a Canadian freight railroad’s plan to buy an American competitor, a $31 billion deal that will make the railroad the first to operate across North...
15 mar 2023 · WASHINGTON, March 15 (Reuters) - The Surface Transportation Board of the United States said on Wednesday it had approved Canadian Pacific's (CP.TO) $31 billion acquisition of railroad company...
15 mar 2023 · The U.S. Surface Transportation Board has been reviewing the deal since it was agreed to back in 2021. The STB plans to post its decision online Wednesday morning. This deal was nearly derailed in...
21 mar 2021 · Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") and Kansas City Southern (NYSE: KSU) ("KCS") today announced they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD$29 billion 1 , which includes the assumption of $3.8 ...
10 gru 2021 · Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S.
14 kwi 2023 · Shareholders of CP and KCS approved the $31 billion merger in December 2021 after both companies filed their merger application with the Surface Transportation Board on Oct. 29, 2021. The board received nearly 2,000 comments from public hearings on the plan.
15 wrz 2021 · Kansas City Southern railroad has agreed to be acquired by rival Canadian Pacific for $31bn, including debt, after terminating its $34bn deal with Canadian National, the culmination of a...
