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Status of acquisition of Kansas City Southern comes down to a September 12 deadline

Shortly after the August 31 unanimous decision issued by the Surface Transportation Board (STB), which rejected the use of a voting trust between Canadian National Railway (CN) and Kansas City Southern (KCS) and hindered the chances of the $33.6 billion deal being completed, the other Class I railroad north of the border, Canadian Pacific (CP) said it is “ready to re-engage” with the KCS board of directors.
Source: logistics Mgmt

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