Canadian Pacific (NYSE: CP) and Kansas City Southern (NYSE: KSU) have submitted 75 more letters from a variety of organizations to the Surface Transportation Board (STB) in support of the merger between the two Class I railroads.
The STB will be responsible for approving the proposed merger, which CP and Kansas City Southern (KCS) first announced in late March. The railroads hope STB will complete its review of the merger in mid-2022. Shareholders of CP and KCS must also approve the plan.
The...
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