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First major US railroad merger in 2 decades will go forward

The first major railroad merger in more than two decades, one that would link the United States, Canada and Mexico, was approved by federal regulators Wednesday. Canadian Pacific's $31 billion acquisition of Kansas City Southern will combine the two smallest of the nations seven major railroads after an arduous two-year review from the U.S. Surface Transportation Board. The bar for railroad mergers in the U.S. was raised substantially at the start of the century after a disastrous combinati...
United States East Palestine Warren Buffett Berkshire Hathaway Norfolk Southern Canadian Pacific Railway Ltd Kansas City Southern
Source: kbur.com

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