U.S. board to announce decision on CP Rail's acquisition of Kansas City Southern

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WASHINGTON — The Surface Transportation Board said it plans to announce on Wednesday whether it will approve or reject Canadian Pacific’s $31 billion deal to…

The Canadian Pacific railyard is pictured in Port Coquitlam, B.C. The proposed merger of CP and Kansas City Southern is being touted as a 'stabilizing' deal for the sector.WASHINGTON — The Surface Transportation Board said it plans to announce on Wednesday whether it will approve or reject Canadian Pacific’s $31 billion deal to acquire U.S. railroad Kansas City Southern.

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