May 18, 2021 | CN, Headlines
(Source: Bloomberg, May 17, 2021) NEW YORK — Canadian National Railway Co.’s proposal to acquire Kansas City Southern will be judged under stricter regulations adopted in 2001, the U.S. regulator said in an expected decision that lays the ground rules for what would...
May 18, 2021 | CN, Headlines
(Source: Railway Age, May 17, 2021) NEW YORK — The Surface Transportation Board (STB) decided May 17 that CN’s proposed merger with Kansas City Southern (KCS) will be reviewed under its current merger rules and CN’s motion to approve a proposed voting trust agreement...
May 17, 2021 | CN, Headlines
(Source: Reuters, May 14, 2021) NEW YORK — The U.S. Department of Justice said on Friday that Canadian National Railway Co’s bid for U.S. railway operator Kansas City Southern appears to pose greater risks to competition than a rival agreement with Canadian...
May 14, 2021 | CN, Headlines
(Source: Associated Press, May 13, 2021) OMAHA, Neb. — Canadian National sweetened its offer to buy Kansas City Southern railroad Thursday and derailed rival Canadian Pacific’s bid for the railroad that handles traffic in the United States and Mexico. Full...
May 13, 2021 | CN, Headlines
(Source: Chicago Daily Herald, May 12, 2021) CHICAGO — A replay of a 2008 battle to stop the Canadian National Railway from acquiring another railroad is emerging in the suburbs with similar concerns about spiraling freight train traffic. Full story:...
May 7, 2021 | CN, Headlines
(Source: Canadian National Railway press release, May 7, 2021) MONTREAL — As it moves ahead towards its vision of becoming the first truly North American railway, CN (TSX: CNR) (NYSE: CNI) today announced it has placed an order for 1,000 new generation, high-capacity...
May 7, 2021 | CN, Headlines
(Source: Canadian National Railway press release, May 6, 2021) MONTREAL — CN today issued the following statement in response to the Surface Transportation Board’s (“STB”) decision regarding the voting trust in connection with Kansas City Southern’s...
May 6, 2021 | CN, Headlines
(Source: Freight Waves, May 5, 2021) CHATTANOOGA, Tenn. — Microsoft co-founder and billionaire Bill Gates is giving soon-to-be ex-wife Melinda Gates 14.1 million shares of Canadian railway CN, according to a Monday filing to the U.S. Securities and Exchange Commission...
May 5, 2021 | CN, Headlines
(Source: Railway Age, May 3, 2021) NEW YORK — Customers and other stakeholders are voicing support as well as concerns to the Surface Transportation Board (STB) about CN’s proposed combination with Kansas City Southern (KCS), according to simultaneous press releases...
May 4, 2021 | CN, Headlines
(Source: CN press release, May 4, 2021) MONTREAL — CN today announced it will host two public investor community discussions this week on its superior proposal to combine with Kansas City Southern (“KCS”). On May 5, 2021 at 11:30 a.m. Eastern Time (ET), JJ Ruest,...
