Canadian Pacific closes in on KCS merger

KCS_International Bridge Forward by Jacobo Parra large loco-4043_touchup_6-22

NORTH AMERICA: Canadian Pacific announced on September 12 that it ‘looks forward to executing a definitive merger agreement’ with Kansas City Southern, after the smaller railroad’s board deemed that CP’s latest bid now amounted to a ‘Company Superior Proposal’ compared to a previous offer from Canadian National.

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