Coming in under the wire on its August 31 deadline, the Surface Transportation Board (STB) announced a unanimous decision today, in rejecting the use of a voting trust between Canadian National Railway (CN) and Kansas City Southern (KCS) regarding CN’s pending acquisition of KCS, which could hinder chances of a deal being completed.
Source: logistics Mgmt
STB rejects CN-KCS voting trust, puts deal in peril
Published in News, Logistics, 3PL, Transportation, Motor Freight,
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