Canadian pacific welcomes the surface transportation board decision to uphold waiver for cp-kcs combination

Stb says transaction falls "neatly" into board's rationale for adopting kcs 2001 waiver stb decision confirms that cp/kcs transaction is end-to-end with no competitive overlap cp and kcs look forward to thorough regulatory review and delivering benefits of the combination to all stakeholders calgary, ab, april 24, 2021 /prnewswire/ - canadian pacific railway limited (tsx: cp) (nyse: cp) ("cp") today announced that the surface transportation board ("stb") confirmed that the waiver it granted to kansas city southern ("kcs") in 2001 is applicable to the proposed friendly combination of the two companies. cp and kcs will proceed with an application under the standards set forth in the stb's pre-2001 major merger rules.
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