canadian pacific kansas city

CP

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82.08 0.54 0.66%

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82.62

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Last Updated:

May 20, 2024, 2:52 PM EDT

Markets

Kansas City Southern expected to terminate Canadian Pacific deal

Kansas City Southern is expected to ditch its merger agreement with Canadian Pacific Railway Ltd. in favor of a competing proposal from Canadian National Railway Co. according to people familiar with the matter, a dramatic turn with big implications for the shape of the U.S. rail industry.