Shareholders approve CP – KCS railways merger

Chamber of Shipping > Blog > News > Local > Shareholders approve CP – KCS railways merger

Shareholders of both companies have voted in favour of the merger between Canadian Pacific Railway Ltd and US railway Kansas City Southern.  The US Surface Transportation Board approved the use of a voting trust for the transaction that allows KCS shareholders to receive payment with shareholders’ final approval announced today. CP has said it expects the deal, which also changes its name to Canadian Pacific Kansas City Ltd., to close on December 14.

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