Opposition to CN-KCS' Proposed Use of Voting Trust Builds as Stakeholders Voice Anticompetitive and Other Concerns
CP Remains Confident in Superior Status as Only Viable Class 1 Combination with KCS CALGARY, AB, June 1, 2021 /CNW/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") today announced that more than 130 stakeholders have filed statements with the Surface Transportation Board ("STB") requesting the STB reject Canadian National's ("CN") proposed use of a voting trust. This brings the total letters submitted to more than 960, including 250-plus expressing concern about CN and Kansas City Southern's ("KCS") combination, its use of a voting trust, or both, and more than 730 in support ...
Source: newswire.ca