Canadian Pacific Railway Ltd. received a green light to complete its $27 billion acquisition of Kansas City Southern, overcoming opposition from shippers and…
Still Smallest Major
Shippers were among the loudest critics of the acquisition of KCS, which they fear will lead to higher prices and reduced service as a result of more concentration of ownership. The US Justice Department also opposed to the merger, but it doesn’t have regulatory power to approve or deny railroad deals.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. regulator approves Canadian Pacific Railway deal to buy Kansas City SouthernCanadian Pacific Railway\u0027s deal to acquire Kansas City Southern has been approved by U.S. regulators with conditions. Find out more
Read more »
Canadian Pacific Railway wins U.S. regulatory approval to buy Kansas City SouthernCanada’s second-biggest rail shipper gets green light to forge a network that reaches the Gulf of Mexico and Pacific Ocean via the North American industrial heartland
Read more »
Canadian Pacific wins U.S. approval for US$27B rail purchase - BNN BloombergCanadian Pacific Railway Ltd. received a green light to complete its US$27 billion acquisition of Kansas City Southern, overcoming opposition from shippers and creating the only rail operator serving the U.S., Canada and Mexico.
Read more »
U.S. board to announce decision on CP Rail's acquisition of Kansas City SouthernWASHINGTON — The Surface Transportation Board said it plans to announce on Wednesday whether it will approve or reject Canadian Pacific’s $31 billion deal to…
Read more »
Wednesday’s analyst upgrades and downgradesCanadian Pacific among stocks featured
Read more »