Surface Transportation Board (STB) on Thursday approved the voting trust for Canadian Pacific Railway's proposed acquisition of Kansas City Southern … Kansas City Southern has acquired 2 companies of its own.. Kansas City Southern has acquired in 1 US state, and 2 countries. 816-234-4277. The Company’s most targeted sectors include transportation (100%).. Join Mergr and gain access to Kansas City Southern’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the transportation sector. Canadian Pacific (CP) had earlier agreed in its talks with U.S. railroad Kansas City Southern (KCS) to bear most of the risk of the merger deal not going through. As Kansas City Southern prepares for acquisition, focus turns to keeping local jobs March 21, 2021 1:36 PM Steve Vockrodt. Last month, the U.S. STB granted a waiver to CP's $25 billion agreed bid for Kansas City Southern, which means the deal would not be subjected to … Both firms are large players within their respective markets, Canada and the US, with Canadian pacific also having significant existing operations in the north of the USA. The result of the possible acquisition of Kansas City Southern by either Canadian Pacific Railway or Canadian National Railway could help … CP announces planned acquisition of Kansas City Southern for $29B, in major industry shakeup The footprint of the North American Class I railroad landscape is dramatically changing form, with this weekend’s landmark announcement that Calgary-based Canadian Pacific (CP) is acquiring Kansas City Southern (KCS) for $29 billion, in a deal that will establish the first freight railway … This deal will leverage the newly signed US-Mexico … The deal is the largest … Acquisition Overview The $29.5 billion acquisition of Kansas City Southern by Canadian Pacific will create a rail network spanning the North American continent. The company will be called Canadian Pacific Kansas City, once approved. Canadian Pacific Railway is looking to the south for growth, announcing plans to acquire Kansas City Southern for $29 billion.. NEW YORK, March 22, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Kansas City Southern (NYSE: KSU) … It will buy Kansas City Southern shares and place them in an independent voting trust, insulating the acquisition target from its control until the STB clears the deal. Dive Brief: Canadian Pacific has agreed to acquire Kansas City Southern in a $29 billion deal, and the two companies announced plans Sunday to combine their businesses and networks.The deal is still subject to final approval by the Surface Transportation Board. The U.S.