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

Transaction creates enhanced competition and better service for customers, and fosters north american economic growth stock and cash transaction representing an enterprise value of approximately $29 billion companies to host investor conference call today at 2:00 pm eastern time calgary and kansas city, mo., march 21, 2021 /prnewswire/ - 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 billion 1, which includes the assumption of $3.8 billion of outstanding kcs debt.
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