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CP Rail, Kansas City Southern merge to create Canadian Pacific Kansas CityIt combines the two smallest of North America's seven Class 1 railroads, after the U.S. rail regulator approved the US$31-billion deal last month.CanadaApr 14, 2023
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CP Rail’s takeover of Kansas City Southern gets final approval from U.S. regulatorWhile it will remain the smallest of six large railways in the U.S. by revenue, it will operate nearly 33,000 kilometres of rail and employ nearly 20,000 people.EconomyMar 15, 2023
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The battle is over: CN Rail drops takeover offer for Kansas City SouthernCN Rail's decision comes after the U.S. railway ruled a rival bid by from CP Rail was a superior proposal.MoneySep 15, 2021
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