KC Southern Takeover Approved

Posted only because this is an end of an era that marked Kansas City serving as the focal point of a national network.

A passage we picked out . . .

This deal was nearly derailed in 2021 when Canadian National offered $33.6 billion and Kansas City Southern agreed to that offer. But that competing deal fell apart after the Surface Transportation Board rejected part of Canadian National’s acquisition plan.

Regulators said in a report earlier this year that the only major impact of the deal would be more noise in places where train traffic is expected to increase significantly.

Read more via www.TonysKansasCity.com link . . .

First major US railroad merger in two decades will go forward

The way has been cleared for the first major railroad merger in more than two decades after federal regulators approved Canadian Pacific's $31 billion acquisition of Kansas City Southern. The two railroads are the nation's two smallest, but the approval Wednesday by the U.S.

Regulators give approval of $31B purchase of Kansas City Southern by Canadian Pacific

The first major railroad merger in more than two decades will go forward after federal regulators approved Canadian Pacific's $31 billion acquisition of Kansas City Southern. The two are the smallest among the nations seven major railroads, but their coupling will create the only railroad linking Canada, Mexico and the United States.

Developing . .