On February 3, 2016, CP released a white paper outlining the merits of the voting trust structure it has proposed to allow it to combine with the Norfolk Southern Railway prior to a final merger approval, and provided background around the U.S. Surface Transportation Board (STB) and its intentions. CP believes that the proposed combination with Norfolk Southern Corp (NS) has ample precedence for approval. CP also
believes that the combination will enhance competition and provide public benefit, ....

03 Feb 2016
CANADIAN PACIFIC RAILWAY LIMITED (CP) MAKES CASE FOR STB APPROVAL OF CP-NS MERGER AND DEFENDS VOTING TRUST

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
CANADIAN PACIFIC RAILWAY LIMITED (CP) MAKES CASE FOR STB APPROVAL OF CP-NS MERGER AND DEFENDS VOTING TRUST
Canadian Pacific Kansas City Limited (CP:TSE) | 0 0 1.0% | Mkt Cap: 33,360m
- Published:
03 Feb 2016 -
Author:
Steven I. Paget -
Pages:
4 -
On February 3, 2016, CP released a white paper outlining the merits of the voting trust structure it has proposed to allow it to combine with the Norfolk Southern Railway prior to a final merger approval, and provided background around the U.S. Surface Transportation Board (STB) and its intentions. CP believes that the proposed combination with Norfolk Southern Corp (NS) has ample precedence for approval. CP also
believes that the combination will enhance competition and provide public benefit, ....