September 17, 2021 | CN, CP, Headlines, KCS, STB
(Source: Regina Leader-Post, September 16, 2021) REGINA, Saskatchewan — Canadian Pacific Railway Ltd.’s chief executive Keith Creel is barreling ahead with his newly won bid for a U.S. railway, with his sights set on closing the deal by the end of next year — if the...
September 17, 2021 | CN, CP, Headlines, KCS, STB
(Source: Railway Age, September 15, 2021) NEW YORK — On Sept. 15, sooner than expected, Kansas City Southern’s Board of Directors unanimously determined that the acquisition proposal KCS received from Canadian Pacific on Sept. 12, 2021 continues to constitute a...
September 16, 2021 | CN, CP, Headlines, KCS, STB
(Source: Trains Magazine, September 15, 2021) KANSAS CITY, Mo. — The four-month battle for Kansas City Southern is officially over. KCS and Canadian National ripped up their $33.6 billion merger agreement today, 15 days after the Surface Transportation Board denied...
September 14, 2021 | CN, CP, Headlines, KCS, STB
(Source: Reuters, September 12, 2021) NEW YORK — Kansas City Southern said on Sunday it planned to accept Canadian Pacific Railway Ltd’s $27.2 billion cash-and-stock acquisition offer as superior to its $29.6 billion deal to sell itself to Canadian National...
September 14, 2021 | CP, Headlines, KCS
(Source: Progressive Railroading, September 12, 2021) Kansas City Southern today announced that its board has determined that Canadian Pacific’s revised proposal constitutes a “company superior proposal” as defined in KCS’s merger agreement with CN. Full story:...
September 14, 2021 | CP, Headlines, KCS
(Source: Reuters, September 13, 2021) NEW YORK — Kansas City Southern said it planned to accept Canadian Pacific Railway Ltd’s $27.2 billion cash-and-stock acquisition offer as superior to its $29.6 billion deal to sell itself to Canadian National Railway Ltd....
September 10, 2021 | CP, Headlines, KCS
(Source: Trains Magazine, September 8, 2021) CHICAGO — Canadian Pacific’s merger negotiations with Kansas City Southern are progressing in the wake of last week’s regulatory decision that dealt a blow to the proposed Canadian National-KCS combination. Full story:...
August 31, 2021 | CP, Headlines
(Source: Trains Magazine, August 30, 2021) NEW HAMPTON, Iowa — Canadian Pacific emergency crews remained on site Sunday, addressing a Saturday derailment of six locomotives and 11 cars of a CP train near New Hampton. Canadian Pacific reports that one car carrying...
August 30, 2021 | CP, Headlines, NTSB
(Source: Television station WCCO, August 26, 2021) ST. PAUL, Minn. — Federal authorities are investigating how three freight trains collided in St. Paul. Canadian Pacific spokesman Andy Cummings said the collision occurred around 5 p.m. Wednesday near a rail yard on...
August 19, 2021 | CN, CP, Headlines
(Source: Global News, August 18, 2021) LYTTON, B.C. — A former resident of Lytton, B.C., who lost her home in the Lytton Creek wildfire on June 30 has now filed a lawsuit in B.C. Supreme Court against the Canadian National Railway and the Canadian Pacific Railway...
