Cp concurs with doj comment affirming anticompetitive nature of cn bid for kcs

Doj says cn bid for kcs "appears to pose greater risks to competition than cp agreement" cp-kcs remains only class 1 transaction with ability to close into voting trust calgary, ab, may 14, 2021 /prnewswire/ - canadian pacific railway limited (tsx: cp) (nyse: cp) ("cp") today issued the following statement in response to the department of justice ("doj") filing with the surface transportation board ("stb") regarding canadian national's ("cn") proposed use of a voting trust in connection with its proposed combination with kansas city southern ("kcs"). cp concurs with the doj's objection to cn's application forproposed use of a voting trust on the grounds that a cn merger with kcs would pose greater risks to competition than the cp-kcs agreement.
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