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CP deal to buy KCS could close by next fall; shareholders vote in December

(Source: BNN Bloomberg, September 16, 2021)

CALGARY — Canadian Pacific Railway Ltd.'s acquisition of Kansas City Southern could be complete by next fall, the Calgary-based railway said Thursday. “That's what best case looks like, and that's what we're going to work our tails off to be able to achieve,'' CP chief executive Keith Creel told analysts in a conference call, adding CP plans to submit its merger application to the U.S. Surface Transportation Board next month. The review process could take 10 months or more, Creel said.

Full story: BNN Bloomberg

Friday, September 17, 2021

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