Railroads Strike a $25 Billion Merger | The Wall Street Journal

Railroads Strike a $25 Billion Merger

Canadian Pacific agreed to acquire Kansas City Southern in a merger valued at about $25 billion that would create the first freight-rail network linking Mexico, the U.S. and Canada.

Canadian Pacific Railway Ltd. agreed to acquire Kansas City Southern in a transaction valued at about $25 billion that would create the first freight-rail network linking Mexico, the U.S. and Canada. The combination, which faces a lengthy regulatory review, is a long-term wager on an interconnected North American economy.

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