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canadian-pacific-railway-limited

CP, KCS agree to combine

Canadian Pacific Railway Limited and Kansas City Southern announced on March 21 that they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD$29 billion. Following final approval from the Surface Transportation Board, the transaction will combine the two railroads to create the first rail network connecting the US, Mexico, and Canada. Joining ... [+]

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