Mergers & Acquisitions CN’s KCS bid hits a snag May 18, 2021 Merger to be decided on current rules, voting trust agreement deemed incomplete
Business Operations Kansas City Southern spurns CP in favour of CN offer May 14, 2021 Canadian National Railway's revised US$33.6-billion offer was superior, KCS says; CP can revise its offer
Mergers & Acquisitions Rivalry heats up as CP and CN both get good news in KCS bid April 27, 2021 U.S. regulator says merger waiver applies to CP but KCS board gives CN bid a boost
Business Operations CN outbids CP in US$33.7 billion offer Kansas City Southern April 21, 2021 A bidding war is breaking out for Kansas City Southern, with Canadian National Railway beating CP's US$25 billion cash and stock offer
Business Operations CP and KCS begin fight for merger with regulator April 16, 2021 Railways made a filing with the U.S. Surface Transportation Board (STB) asserting their right to have the STB review their combination
Business Operations CP quits Norfolk Southern merger bid April 11, 2016 Also withdrawing resolution asking NS shareholders to vote in favour of good-faith negotiations between the two companies
Business Operations CP approached CSX about deal while pursuing NS March 3, 2016 CP CEO Hunter Harrison said his railroad remains committed to its roughly $30 billion bid for Norfolk Southern
Business Operations CP says it is considering legal action in merger bid March 2, 2016 Railroad says its response will be to "ensure a level playing field"
Business Operations CSX CEO opposes railroad mergers January 14, 2016 They don't offer significant benefits, and federal regulators might not approve them, says Michael Ward, CSX's chairman and CEO
Business Operations CP Rail says Norfolk Southern merger required January 13, 2016 Needed to support growth in the North American economy