Articles tagged under: Kansas City Southern Railway
CP Pushes Back on Concessions Talk
Published January 28, 2022
Canadian National, BNSF and Norfolk Southern are seeking concessions from the Canadian Pacific Railway related to its merger with Kansas City Southern. In a call with investors, CP CEO Keith Creel these requests to the Surface Transportation Board for divestitures…CN Seeks to Intervene in CP-KCS Deal
Published January 18, 2022
Canadian National Railway, which lost out in its bid to acquire Kansas City Southern, isn’t done yet. The CN has filed noticed with the U.S. Surface Transportation Board seeking a major divestiture if the Canadian Pacific acquisition of KCS moves…Mexican Regulators Approve CP and KCS Merger
Published November 30, 2021
The Canadian Pacific and Kansas City Southern railroads have received regulatory approval from the Mexican government. This deal still needs approval from shareholders with a vote by CP stockholders on December 8th and Kansas City Southern stockholders on December 10th.…CP and KCS File Application with the Surface Transportation Board
Published November 3, 2021
The Canadian Pacific Railway and Kansas City Southern filed an application with the Surface Transportation Board regarding its plan to create a railroad that links the United States, Mexico and Canada. The merger will result in a dramatic increase in…STB Reaffirms Approvoal of CP-KCS Voting Trust
Published October 1, 2021
The Surface Transportation Board has reiterated its approval of a voting trust for the proposed merger of Canadian Pacific and Kansas City Southern railroads. The STB approved the planned use of a voting trust in May while the deal is…CP and KCS Have a Deal
Published September 16, 2021
The Canadian Pacific Railway and the Kansas City Southern have a deal. CP will pay $27.2 billion in a cash-and-stock agreement. Canadian National was not able to win regulatory approval and dropped its bid. The combination of Canadian Pacific and…KCS Formally Rejects CN Bid
Published September 13, 2021
The Canadian Pacific and Kansas City Southern Railway are one step closer to a deal. Over the weekend, Kansas City Southern told the Canadian National it would not go forward with their agreement, but the CN still has five business…KCS to Consider CP Offer by Sept 12
Published September 6, 2021
The Kansas City Southern Railway board of directors has agreed to reconsider Canadian Pacific’s acquisition bid. The Surface Transportation Board rejected the Canadian National’s proposal for the use of a voting trust during the regulatory process, opening the door again…CP Delivers More Options to ND
Published September 1, 2021
The North Dakota Grain Growers Association is pleased the Surface Transportation Board rejected the Canadian National’s proposal to take over the Kansas City Southern. NDGGA Executive Director Dan Wogsland says CN doesn’t have any assets in North Dakota and the…