Mergers & Acquisitions Mergers & Acquisitions

Comment: Fate of voting trust looms over Kansas City Southern shareholder vote on Canadian National deal

By Curtis Eichelberger
  • 12 Aug 2021 13:27
  • 12 Aug 2021 13:27
The US Surface Transportation Board’s announcement that it will decide by the end of August whether to allow a voting trust in Canadian National Railway’s acquisition of Kansas City Southern Railway means KCS shareholders will likely have to vote on the deal without that critical piece of information.

While the companies can agree

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