Canadian Pacific Reaches $27 Billion Deal to Buy Kansas City Southern

the NewsWorthy


Major railway companies are coming together in a historic new deal canadian pacific railway but kansas city southern for more than twenty seven billion dollars. If the deal is approved it will be the first major merger in the industry in about two decades. It will create the first freight railroad that links canada. The us and mexico. Canadian pacific already plays a key role in north american trade beginning. Kansas city southern was big because it plays a big part in trade with mexico. The trains bring auto and other industrial products from mexico into the us and they bring american farm goods back to mexico. Once the railways are merged. The new company will be named canadian pacific kansas city and it plans to bring on another twenty thousand employees but regulators still have to give the okay and those reviews could last until the end of next

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