STB Applies "heavier Burden" and Greater Scrutiny to CN Bid for KCS, Underscoring Heightened Regulatory Risk
STB Applies "heavier Burden" and Greater Scrutiny to CN Bid for KCS, Underscoring Heightened Regulatory Risk News provided by Share this article CN-KCS Transaction Decision Follows DOJ Comments Citing CN Proposal as Having "greater risk to competition than CP agreement" Voting Trust Already Approved for Use in CP/KCS Transaction Highlights CP Agreement as Superior to CN Offer CALGARY, AB, May 17, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") today issued the following statement in response to the Surface Transportation Board's ("STB") decision to apply the ...