Rail stakeholders and observers are weighing in on how competing attempts by Canadian Pacific (NYSE: CP) and CN (NYSE: CNI) to merge with Kansas City Southern (NYSE: KSU) might affect the freight rail industry.
Both CN and CP are seeking to acquire Kansas City Southern (KCS). CP and KCS had announced in March plans to merge, prior to CN announcing in April that it is also interested in acquiring KCS.
CP and CN are also both Canadian railways, and each merger proposal with KCS would create a...
https://www.freightwaves.com/news/unions-industry-observers-weigh-in-on-kcs-merger-bids