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Canadian Pacific Railway and Kansas City Southern Railroad conclude their merger
Posted on April 24, 2023 |
The Canadian Pacific Railway (CP) and the Kansas City Southern Railroad (KCS) completed their merger after formal authorization from the US Surface Transportation Board a month ago.
CP closed its $31 billion purchase of KCS in December 2021, winning a bidding war over rival Canadian National Railway, and the new railroad will be called CPKC.