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CP Remains Ready to Re-engage with KCS; CP to Proceed with STB Application Process

/PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) sent the following letter to the Surface Transportation Board ("STB") today in response to.

United statesDavidl meyerCynthiat brownSection of administrationVoting trust approval under sectionOffice of proceedingsCanadian pacific railway companyCanadian pacific railwayAttorney for canadian pacific railwayCanadian pacific railway limitedTrail corpOffice of the corporateNorfolk southernKansas city southernCanadian national railwayNorfolk southern corp

CP Calls on KCS Board to Reject CN s Anti-Competitive Proposal

CP Calls on KCS Board to Reject CN s Anti-Competitive Proposal
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United statesKansas cityPat ottensmeyerKeith creelDepartment of justiceOffice of the corporateCn proposala company superior proposalKansas city southernCompany superior proposalExchange commissionCanadian pacific railway limitedCanadian nationalOnly true end toPro competition combinationOutlines heightened regulatory riskPublic interest

CP Calls on KCS Board to Reject CN s Anti-Competitive Proposal

CP: CN s proposed voting trust timetable is not constructive and not serious

Canadian National Ry. – Control – Kansas City Southern Dear Ms. Brown: I am writing on behalf of the Canadian Pacific 1 in response to the Motion to Adopt Procedural Schedule for Renewed Motion for Approval of Voting Trust Agreement (CN-15) filed by Canadian National ( CN ) this morning. CN s proposed three business day period for public comment on a Renewed Motion it has not yet prepared or filed is not constructive, 2 and is based on the false premise that members of the public were under an obligation to respond yesterday ( i.e., were only a few hours from the deadline to do so ) to CN s previous motion for voting trust approval. The Board should not be cowed by CN s gamesmanship and aggressive tactics.

United statesDavidl meyerCynthiat brownSection of administrationOffice of proceedingsCanadian pacific railway companyCanadian pacific railwayAttorney for canadian pacific railwayCanadian pacific railway limitedOffice of the corporateKansas city southernExchange commissionMinnesota eastern railroad corporationSoo line railroad companyVoting trust approvalCanadian national ry

STB Applies heavier Burden and Greater Scrutiny to CN Bid for KCS, Underscoring Heightened Regulatory Risk

STB Applies heavier Burden and Greater Scrutiny to CN Bid for KCS, Underscoring Heightened Regulatory Risk News provided by Share this article CN-KCS Transaction Decision Follows DOJ Comments Citing CN Proposal as Having greater risk to competition than CP agreement Voting Trust Already Approved for Use in CP/KCS Transaction Highlights CP Agreement as Superior to CN Offer CALGARY, AB, May 17, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ( CP ) today issued the following statement in response to the Surface Transportation Board s ( STB ) decision to apply the newer, more stringent merger rules to Canadian National s ( CN ) proposed acquisition as well as its effort to obtain approval to use a voting trust in connection with its proposed combination with Kansas City Southern ( KCS ):

United statesDepartment of justiceOffice of the corporateExchange commissionVoting trust already approved forCanadian pacific railwayCanadian pacific railway limitedCanadian nationalVoting trust forMore cautious approachTrust already approvedPacific railway limitedSurface transportation boardKansas city southernNorth americanKansas city southern de mexico