Last week’s public hearing before the Surface Transportation Board on the proposed merger of Canadian Pacific and Kansas City Southern consisted of three days of testimony spanning over 25 hours on why or why not the merger should proceed.
And the hearing isn’t over yet. Shippers and other stakeholders provided oral testimonies to STB on Monday and Tuesday, while CP (NYSE: CP) is expected to respond to them during a hearing Thursday.
Shareholders of CP and KCS approved the $31 billion merger in...
https://www.freightwaves.com/news/7-takeaways-from-stbs-hearing-on-proposed-cp-kcs-merger