Canadian pacific comments on update from kansas city southern

Calgary, ab, may 13, 2021 /prnewswire/ - canadian pacific railway limited (tsx: cp) (nyse: cp) ("cp") today provided the following statement regarding kansas city southern's ("kcs") decision related to canadian national's ("cn") unsolicited proposal: it is not surprising that cn would raise its offer, and it only highlights cn's recognition of the significant regulatory risk/challenges associated with its anti-competitive bid. there is nothing new here; this doesn't make it any more likely that the cn proposal can close into a voting trust.
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