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Canadian Pacific Comments on Inadequate Commitment from Canadian National to Divest KCS Line Between New Orleans and Baton Rouge

Canadian Pacific Comments on Inadequate Commitment from Canadian National to Divest KCS Line Between New Orleans and Baton Rouge
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Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) issued the following statement in response to Canadian National’s (“CN”) commitment to divest Kansas City Southern’s (“KCS”) line between New Orleans and Baton Rouge: CN’s commitment to divest this 70-mile line is clear recognition by CN that it and KCS have always been head-to-head competitors, contrary to CN’s repeated claims that the combination was “end-to-end.”  However, CN’s commitment does not come close to solving the anti-comp…

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