KCS To Explore Deal With Canadian Pacific After Regulators Reject CN’s Plan
September 8, 2021 6:05AM CDT
A map showing the networks of Canadian Pacific and Kansas City Southern Railroads. This map was prepared by CP as part of their counter-proposal to purchase KCS, worth $31 billion. A pending merger deal with Canadian National worth $33.6 billion was stalled by a unanimous decision by the Surface Transportation Board rejecting a key component of the plan. (Map from futureforfreight.com)
Last week’s decision by a federal regulator has Kansas City Southern switching tracks once again. Regional Radio’s Kyle Hill explains.
