Surface Transportation Board Accepts CP-KCS Merger Application As Complete, Sets Procedural Schedule

Canadian Pacific Railway Limited (“CP”) and Kansas City Southern (“KCS”) announced that the Surface Transportation Board (“STB”) has accepted the joint CP-KCS merger application as complete.

In the same decision, the Board also set a procedural schedule for the regulatory review that calls for final briefs onĀ July 1, 2022. CP and KCS anticipate that the STB review of CP’s proposed control of KCS will be completed in the fourth quarter of 2022.

-via Press Release

This article was posted on: November 24, 2021