The part about merging with one of the Eastern Lines is very doubtful, The STB would block any such attempt, as it would force the final merger with the Western Class Ones.
BaltACDIn my reading of the STB's tea leaves
What do your tea leaves say about the possibility of CP acquiring KCS, and then each of the Canadian lines merge with one of the eastern US class ones,?
UlrichAt least they're nolonger fixated on the OR or PSR... now acquiring the KCS is the holly grail.. because there are no other opportunities out there to be had.
In my reading of the STB's tea leaves - KCS is not a opportunity for CN.
Never too old to have a happy childhood!
At least they're nolonger fixated on the OR or PSR... now acquiring the KCS is the holly grail.. because there are no other opportunities out there to be had.
CN is also proposing David Starling as the Trustee.
https://www.bizjournals.com/kansascity/news/2021/04/26/canadian-national-pacific-trustee-david-starling.html
CN has filed a request authorizing them to create a voting trust to acquire KCS.
CN STB filing
In their haste they forgot to include the name of their proposed trustee the first time they filed this.
You would also think that maybe it would be a good idea to reach an agreement concerning the acquisition with KCS's Board of Directors first, that is unless this is a hostile takeover. I don't think CN is helping their case with the STB and the US Department of Justice Antitrust Division with actions like this.
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