Canadian railways CN (NYSE: CNI) and Canadian Pacific (NYSE: CP) continue to make their case before regulators and the broader public about why each is the better company to acquire Kansas City Southern (NYSE: KSU).
Regulators are accepting public comments on CN’s proposed voting trust, which CN and KCS say they need in order to continue merger proceedings before the Surface Transportation Board (STB). They argue the voting trust protects Kansas City Southern from being taken over as the board...
https://www.freightwaves.com/news/cn-canadian-pacific-nail-down-more-support-for-merger-campaigns