(Reuters)- Canada Pacific (NYSE :) Railway Ltd welcomed the US Surface Transportation Board (STB) decision to approve the merger with Kansas City Southern (NYSE :) on Saturday.
According to a statement from the Pacific Canada, the two companies will proceed with applications based on the criteria of STB’s major merger rules prior to 2001.
STB approved the merger of the two companies on Friday.
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Canadian Pacific welcomes Reuters approval of STB for merger with Kansas City
https://www.investing.com/news/stock-market-news/canadian-pacific-welcomes-stbs-approval-of-merger-with-kansas-city-2484257 Canadian Pacific welcomes Reuters approval of STB for merger with Kansas City