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CN + KCS Proposal: Stakeholders Speak Out

CN + KCS Proposal: Stakeholders Speak Out
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CN and Canadian Pacific vie for shippers' and KCS shareholders' favor

CN and Canadian Pacific vie for shippers’ and KCS shareholders’ favor
Both seek to create a railroad with a network extending from Mexico to Canada through US Midwest
0 89 3 minutes read
A Kansas City Southern train. (Photo: Jim Allen/FreightWaves)
CP and Kansas City Southern (KCS) announced their agreement to merge in March, while CN announced its plans to acquire KCS in April. In both situations, the end result would be a railroad with a network that touches both Canadian coasts and heads south through the U.S. Midwest and into Mexico.
On Monday, CP said more than 110 customers and stakeholders have filed letters to the Surface Transportation Board (STB), the regulatory body that will review the merger. The letters express concerns or oppose CN’s bid to acquire KCS, according to CP. ....

United States , North Dakota , Rob Reilly , Us Development Group , Dakota Grain Dealers Association , Farmers Cooperative Of Hanska , Canadian Pacific , Kansas City Southern , Surface Transportation Board , North Dakota Grain Dealers Association , Farmers Cooperative , New Brunswick , Mississippi River , Wisconsin Central , Illinois Central , ஒன்றுபட்டது மாநிலங்களில் , வடக்கு டகோட்டா , கொள்ளை ரெய்லி , எங்களுக்கு வளர்ச்சி குழு , டகோட்டா தானிய விநியோகஸ்தர் சங்கம் , விவசாயிகள் கூட்டுறவு ஆஃப் ஹான்ஸ்கா , கனடியன் பெஸிஃபிக் , கன்சாஸ் நகரம் தெற்கு , மேற்பரப்பு போக்குவரத்து பலகை , வடக்கு டகோட்டா தானிய விநியோகஸ்தர் சங்கம் , விவசாயிகள் கூட்டுறவு ,

Canadian National, Canadian Pacific in Tug of War for Kansas City Southern

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North Dakota Grain Dealers Association re-iterates support for CP-KCS combination, expresses opposition to CN bid

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CALGARY, AB, April 22, 2021 /PRNewswire/ - The North Dakota Grain Dealers Association today filed a letter with the Surface Transportation Board re-iterating its support of the Canadian Pacific (TSX: CP) (NYSE: CP)-Kansas City Southern combination. In the letter, the association also expressed its opposition to the Canadian National bid.
The full text of the letter reads:
The North Dakota Grain Dealers Association (NDGDA) hereby files this letter to express its opposition to the bid by CN to acquire KCS and re-iterate its support for the CP-KCS combination.
As expressed in our initial letter to the Board dated March 30, 2021, NDGDA supports swift approval of the CP-KCS combination because of the significant benefits the combination should bring, including expanded markets to the North Dakota grain shippers serviced by CP and strengthened competition against the other, larger rail carriers and trucks that serve our members ....

United States , North Dakota , Dakota Grain Dealers Association , Kansas City Southern , Canadian National , North Dakota Grain Dealers Association , Surface Transportation Board , Canadian Pacific , Kansas City Southern De Mexico , North American , ஒன்றுபட்டது மாநிலங்களில் , வடக்கு டகோட்டா , டகோட்டா தானிய விநியோகஸ்தர் சங்கம் , கன்சாஸ் நகரம் தெற்கு , கனடியன் தேசிய , வடக்கு டகோட்டா தானிய விநியோகஸ்தர் சங்கம் , மேற்பரப்பு போக்குவரத்து பலகை , கனடியன் பெஸிஃபிக் , கன்சாஸ் நகரம் தெற்கு டி மெக்ஸிகோ , வடக்கு அமெரிக்கன் ,

CN accuses CP of misleading investors in takeover battle for Kansas City Southern

CN accuses CP of misleading investors in takeover battle for Kansas City Southern
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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