Canadian Pacific (CP) announced this week that it will seek a declaratory order from the U.S. Surface Transportation Board (STB) confirming the viability of the voting trust structure that CP has suggested as part of its proposed merger with Norfolk Southern Corp. (NS). CP also urged NS, consistent with duties to its shareholders, to assist constructively in this effort but said it intends to proceed, regardless of NS's cooperation.
"While we remain fully confident in our comprehen
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