CP Speaks Out: More Stakeholder 'Concern' Over CN-KCS Proposal
CP Speaks Out: More Stakeholder ‘Concern’ Over CN-KCS Proposal Canadian Pacific President and CEO (and Railway Age 2021 Railroader of the Year) Keith Creel Canadian Pacific (CP) reported June 1 that it “remains confident” in its “superior status” as Kansas City Southern’s (KCS) merger partner, noting that more than 130 stakeholders have filed statements with the Surface Transportation Board (STB) requesting the rejection of merger rival CN’s voting trust application. This brings the total letters submitted to 960-plus, CP said. Among them are more than 250 “expressing concer...
Source: railwayage.com