CN offers $33.7 billion to one-up rival’s bid for Kansas City Southern railway
Although higher than Canadian Pacific’s recent $29 billion offer, new deal could face lower odds for regulatory approval, analyst says.
Items Tagged with 'Canadian Pacific Railway'
ARTICLES
Canadian Pacific Railway bids $29 billion to buy Kansas City Southern
If approved by regulators, combined rail maps would create a U.S.-Mexico-Canada rail network just as three nations emerge from pandemic, prepare for USMCA trade boost.
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BIG PICTURE
Railroads: Still on track
Despite the pandemic, railroads have made progress on a number of fronts in 2020.
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