Canadian National Files Motion With Surface Transportation Board To Compel Additional Information To Proposed Merger Between Union Pacific, Norfolk Southern
Benzinga Newsdesk 9 months ago
News
CN (TSX:CNR) (NYSE: CNI) today announced that it has filed a motion with the Surface Transportation Board (STB) to compel additional information in relation to the proposed merger agreement between Union Pacific (UP) and
CN (TSX:CNR) (NYSE: CNI) today announced that it has filed a motion with the Surface Transportation Board (STB) to compel additional information in relation to the proposed merger agreement between Union Pacific (UP) and Norfolk Southern (NS). CN's motion shows that the applicants have not been upfront with their assessment, failing to outline the full extent of competitive harms as a result of the merger, one of many problems with the application.
