CN set to acquire KCS but regulatory hurdles remain
May 21, 2021
After an ongoing theme of stops and starts and new developments, regarding the respective pursuits by Class I North of the Border railroads Canadian National (CN) and Canadian Pacific (CP) of Kansas City Southern (KCS), it appears that the train may be coming to a stop, with CN and KCS saying earlier today that they have reached a deal and have entered into a definitive merger agreement, which they said will “create the premier railway of the 21st century.”
