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CP News Highlights
- CP's 30 day story count now stands at 93.
- Over the past 22 days, the trend for CP's stories per day has been choppy and unclear. It has oscillated between 1 and 47.
- RAIL, KSU and MO are the most mentioned tickers in articles about CP.
Latest CP News From Around the Web
Below are the latest news stories about Canadian Pacific Railway Ltd that investors may wish to consider to help them evaluate CP as an investment opportunity.
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As the Surface Transportation Board considers the proposed merger between Kansas City Southern and Canadian Pacific, on the forefront of stakeholders' minds will be how the two will transition their operations to serve one network, according to two transportation attorneys speaking at FTR's virtual conference last week. The KCS-CP merger is one of many issues that could keep board members busy through the end of this year and into the next. Stakeholders will be watching how KCS (NYSE: KSU) and C
Canadian Pacific Railway Limited and Kansas City Southern have signed a merger agreement to form a single-line rail network linking the U.S., Mexico and Canada.
Canadian National (CNI) aims to improve its operating ratio to 57% next year owing to reduced costs and improved efficiencies.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Canadian Pacific Railway Ltd.''s acquisition of Kansas City Southern could be complete by next fall, the Calgary-based railway said Thursday.
MANITOBA: Rail company Canadian Pacific said on Wednesday (Thursday in Manila) it had reached an agreement to buy US freight company Kansas City Southern (KCS), bringing to an end a bidding war with competitor Canadian National. Canadian Pacific said in a statement that it plans to buy KCS for approximately $27 billion and take on its $3.8-billion debt. The boards of directors of both companies have agreed to the deal. The two Canadian companies were locked in a battle to be the first North American rail company to connect the ports and factories of Mexico, the United States and Canada by rail. Canadian Pacific made its initial takeover offer in March before Canadian National made a higher counter offer weeks later. Canadian Pacific came back with a new offer in early August, which was ...
Canadian Pacific is set to expand its rail network from Canada to Mexico by acquiring Kansas City Southern.
The CP- KSU $31-billion deal is expected to close in the first quarter of 2022.
Canadian Pacific Railway (CP) announced Wednesday that it has entered into a merger agreement with U.S. railway Kansas City Southern (KSU), which terminated its proposed deal with Canadian National Railway (CNR). CP agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately C$31 billion. Under the new agreement, KCS shareholders will receive C$90 in cash, and 2.884 common shares of CP for each share held. CP president and CEO Keith Creel said, "Our path to this historic agreement only reinforces our conviction in this once-in-a-lifetime partnership. We are excited to get to work bringing these two railroads together.