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CP says CN’s voting trust rationale is “contrary to law”

(Source: Railway Age, April 27, 2021)

NEW YORK — Yet another letter. Be warned: This one, nearly 3,000 words, is from Canadian Pacific’s attorney to the Surface Transportation Board. It essentially says CN has it totally wrong by asking the STB to approve a voting trust for its proposed acquisition of Kansas City Southern under the same conditions as a CP-KCS combination.

Full story: Railway Age

Wednesday, April 28, 2021

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