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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (111770)	9/1/2021 7:52:12 AM
From: Goose94	Read Replies (1) \| Respond to of 203382

Canadian Pacific Railway (CP-T) Now what? That’s the big question after the U.S. Surface Transportation Board rejected Canadian National Railway (CNR-T)’s application for a voting trust to move forward with its proposed takeover of Kansas City Southern (KSU-NY). Late last night, CNR issued a brief statement saying it is “evaluating the options” that are available to the railway and gave no immediate indication that it’s throwing in the towel. Canadian Pacific, meanwhile, reminded Kansas City Southern about its rival bid and said it is “excited to re-engage”. CP management will have more to say in a conference call at 9 a.m. today. No comment yet from KCS; time is ticking ahead of a scheduled shareholder vote on the CNR deal Friday. BNN.ca