Mexico Approves CP-KCS Merger; STC Sets Schedule for its Review
November 29, 2021 7:23AM CST
In this Nov. 5, 2004 file photo, the logo of Kansas City Southern is down on a restored 1954 Kansas City Southern passenger locomotive at Union Station in Kansas City, Mo. Canadian Pacific is increasing its offer for Kansas City Southern to approximately $31 billion as it looks to best rival Canadian National for the railroad. Canadian Pacific said Tuesday, Aug. 10, 2021 that its cash-and-stock proposal includes 2.884 Canadian Pacific common shares and $90 in cash for each share of Kansas City Southern stock held.(Norman Ng/The Kansas City Star via AP)
The tracks are in place for the regulatory review of Kansas City Southern’s acquisition by Canadian Pacific Railway. Regional Radio’s Kyle Hill has more.
