Rivals CN (NYSE: CNI) and Canadian Pacific (NYSE: CP) are vying to win the public’s favor for which Canadian railway is better suited to merge with Kansas City Southern (NYSE: KSU).
CP and Kansas City Southern (KCS) announced their agreement to merge in March, while CN announced its plans to acquire KCS in April. In both situations, the end result would be a railroad with a network that touches both Canadian coasts and heads south through the U.S. Midwest and into Mexico.
On Monday, CP said more...