Page 62 - கனடியன் பெஸிஃபிக் ரயில்வே லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
CP Rail urges KCS to reconsider support for CN but refuses to increase takeover offer
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CP Rail s largest shareholder urges CN Rail to abandon bid for Kansas City Southern - Business News
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Caisse throws its support behind CN in KCS takeover battle
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CN files request to STB
CN (TSX: CNR, NYSE: CNI) today filed with the Surface Transportation Board ( STB ) a request to establish a procedural schedule for review of the voting trust that CN intends to use for its planned merger with Kansas City Southern (NYSE: KSU) (“KCS”).
CN’s filing today also includes the merger agreement with KCS that was finalized on May 13, 2021, when KCS deemed CN’s proposal superior and announced its intention to terminate the previously executed March 21, 2021 merger agreement with Canadian Pacific Railway Ltd. (“CP”).
CN is confident in its ability to gain approval for the voting trust and ultimately close the combination with KCS, and looks forward to the STB promptly setting forth its timetable for reviewing the voting trust.
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