Canadian pacific receives voting trust approval from surface transportation board, advancing agreement for cp-kcs combination

Stb decision marks an important milestone for merger agreement merger application and proxy filing for shareholder votes underway calgary, ab, may 6, 2021 /prnewswire/ - canadian pacific railway limited (tsx: cp) (nyse: cp) ("cp") thanks the surface transportation board ("stb") for its approval today of a voting trust for its planned, friendly merger with kansas city southern ("kcs"). "following this critical milestone, we are proceeding full steam ahead to complete this historic combination, creating the first truly north american single line railroad," said cp president and chief executive officer keith creel.
CP Ratings Summary
CP Quant Ranking