As federal regulators consider whether to approve the proposed merger of Canadian Pacific and Kansas City Southern, CP expects to work with other stakeholders on some aspects of the merger — but don’t expect that to include unreasonable requests from other Class I railroads, CP President and CEO Keith Creel said during CP’s fourth-quarter 2021 earnings call late Thursday.
“When it comes to significant concessions, the facts don’t support it — specifically divestiture,” said Creel, referring to...
https://www.freightwaves.com/news/canadian-pacific-divestiture-not-on-the-table-in-kcs-deal