Press release content from PR Newswire. The AP news staff was not involved in its creation. Canadian Pacific Files Formal Objection to Canadian National Using Merger Waiver that STB Granted To CP/KCS Transaction May 1, 2021 GMT Figure 1 (CNW Group/Canadian Pacific) Letter outlines six principal arguments for why the CN/KCS transaction be reviewed under 2001 merger rules CN/KCS transaction plainly flunks the “end-to-end” test for applying the pre-2001 rules CALGARY, AB, May 1, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (“CP”) (TSX: CP) (NYSE: CP) yesterday filed a formal objection with the Surface Transportation Board (“STB”) stating that Canadian National (“CN”) does not qualify for a waiver of the STB’s rules for major transactions with respect to CN’s unsolicited proposal for Kansas City Southern (“KCS”).