Any merger involving Kansas City Southern (NYSE: KSU) and either Canadian Pacific (NYSE: CP) or CN (NYSE: CNI) should be scrutinized by regulators to ensure that the combined railroad doesn’t cause downstream impacts to the value of competing railroads, the head of Union Pacific (NYSE: UNP) said Thursday.
CP and Kansas City Southern (KCS) last month agreed to merge, while CN made a bid for KCS on Tuesday. For both combinations, the end result would be a railroad connecting both coasts of Canada...
https://s29755.pcdn.co/news/union-pacific-warns-about-downstream-impacts-of-kcs-merger