Canadian pacific and kansas city southern agree to combine to create the first u.s.-mexico-canada rail network

Calgary, alberta & kansas city, mo.--(business wire)--canadian pacific railway limited (tsx: cp, nyse: cp) (“cp”) and kansas city southern (nyse: ksu) (“kcs”) today announced they have entered into a merger agreement, under which cp has agreed to acquire kcs in a stock and cash transaction representing an enterprise value of approximately usd$29 billion1, which includes the assumption of $3.8 billion of outstanding kcs debt. the transaction, which has the unanimous support of both boards of dir
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