pH Posted April 21, 2021 Share Posted April 21, 2021 43 minutes ago, John M Upton said: Or silly, depending on your point of view... I’m interested - why ‘silly’? CP have established that the KCS board are prepared to sell. CN appear to think that KCS would make a good fit with their existing operations. There’s also possibly the thought that a CP-KCS merger would take traffic away from CN. So CN have made a decision to try to outbid CP. 1 Link to post Share on other sites More sharing options...
Wendell1976 Posted May 1, 2021 Share Posted May 1, 2021 I have an idea for what a combined Canadian Pacific/Kansas City Southern system should be named: The CPKC Railway. The initials "CP" is well known in the railroad industry as the Canadian Pacific Railway. The initials "KC" is the shorter abbreviation for the City of Kansas City, Missouri/Kansas. Wendell Idaho, USA Link to post Share on other sites More sharing options...
dave1905 Posted May 1, 2021 Share Posted May 1, 2021 On 21/04/2021 at 15:34, pH said: CN appear to think that KCS would make a good fit with their existing operations. There’s also possibly the thought that a CP-KCS merger would take traffic away from CN. So CN have made a decision to try to outbid CP. Or.... The CN knows that they will never make it past the STB, but are making a counter offer to drive up the price to make the merger as painful as possible on the CP. The CP will have to offer more to get the deal. 1 1 Link to post Share on other sites More sharing options...
mdvle Posted May 1, 2021 Share Posted May 1, 2021 Agree with Dave regarding CN's intentions - in a sane world the STB or someone else would block a CN / KCS merger as being bad for competition so the obvious conclusion is CN is trying to either hurt CP financially by forcing them to overbid, or forcing them out of the running if the STB thinks a CN/KCS deal is okay. But if I was CP I think I would call CN's bluff - maybe go up a bit if the financials still work but otherwise tell KCS go ahead but I hope you get a non-refundable deposit from CN given they are wasting your time... Link to post Share on other sites More sharing options...
mdvle Posted May 14, 2021 Share Posted May 14, 2021 For anyone interested CN has created a website to try and sell their proposed merger with KCS https://www.connectedcontinent.com/ Link to post Share on other sites More sharing options...
mdvle Posted May 14, 2021 Share Posted May 14, 2021 News reports are that KCS has accepted CN's offer, CP has a limited amount of time to up their offer though so far CP seems to be willing to bet the STB will block a CN/KCS merger. If the choice of CN remains then KCS will pay CP a $700 million breakup fee. https://globalnews.ca/news/7860891/kansas-city-southern-cp-cn-bids/ Link to post Share on other sites More sharing options...
mdvle Posted August 31, 2021 Share Posted August 31, 2021 Th STB has blocked the CN - KCS merger in it's current form https://www.cbc.ca/news/business/cn-rail-1.6159856 2 Link to post Share on other sites More sharing options...
mdvle Posted September 13, 2021 Share Posted September 13, 2021 And the latest in the CP/CN/KCS love triangle - KCS has left CN at the altar and gone running back to their first partner in CP, though CN does have several days to try and win them back. https://globalnews.ca/news/8185641/cp-rail-bid-cn-rail-deal-kansas-city-southern/ Link to post Share on other sites More sharing options...
peach james Posted September 16, 2021 Share Posted September 16, 2021 And now it looks like it will be a done deal with CP getting KC, according to OK the PK OK the PK story re CP/KC James Link to post Share on other sites More sharing options...
pH Posted September 16, 2021 Share Posted September 16, 2021 41 minutes ago, peach james said: And now it looks like it will be a done deal with CP getting KC, according to OK the PK OK the PK story re CP/KC James Looking forward to Southern Belles through Port Moody! Link to post Share on other sites More sharing options...
Dr Gerbil-Fritters Posted September 20, 2021 Share Posted September 20, 2021 On 16/09/2021 at 02:08, pH said: Looking forward to Southern Belles through Port Moody! More likely say goodbye to the Southern Belles... Link to post Share on other sites More sharing options...
pH Posted September 20, 2021 Share Posted September 20, 2021 6 hours ago, Dr Gerbil-Fritters said: More likely say goodbye to the Southern Belles... Gradually, yes, but not immediately. And units do start to wander round the larger system after a takeover. I’ve seen a Dakota, Minnesota and Eastern engine here on the west coast and Soo units still in white and red would turn up occasionally in BC. Plus Southern Belles are already rare visitors - I’ve seen three in the last few years. I can always hope! 1 1 Link to post Share on other sites More sharing options...
pH Posted December 10, 2021 Share Posted December 10, 2021 (edited) Proposed merger now approved by CPR shareholders: https://www.theglobeandmail.com/business/article-cp-rail-shareholders-green-light-purchase-of-kansas-city-southern/ The proposed name of the merged company was also approved - Canadian Pacific Kansas City Ltd. I wonder how much they spent to have some corporate image polishing company come up with that? Though I suppose ‘Canada Southern’ and ‘Kansas Pacific’, having previously been used, are still owned by some other company who would want lots of dollars to let them be used by the new organization. How about Mecanus Railway? Should I copyright it now? (Or Canusmex Railway?) Edited December 10, 2021 by pH Link to post Share on other sites More sharing options...
RMweb Premium John M Upton Posted December 10, 2021 RMweb Premium Share Posted December 10, 2021 What they will do is say 'I know, why don't we take one initial from each company, we can take the C from Kansas City and the P from Canadian pacific and call it CP?' That'll work.... It is what Sky Broadcasting did when they "merged" with British Satellite Broadcasting (BSB) where they changed the S to mean Sky and then subsequently dropped the two B's off it effectively erasing their former competitor from history. 1 Link to post Share on other sites More sharing options...
F-UnitMad Posted December 11, 2021 Share Posted December 11, 2021 9 hours ago, John M Upton said: What they will do is say 'I know, why don't we take one initial from each company, we can take the C from Kansas City and the P from Canadian pacific and call it CP?' That'll work.... It is what Sky Broadcasting did when they "merged" with British Satellite Broadcasting (BSB) where they changed the S to mean Sky and then subsequently dropped the two B's off it effectively erasing their former competitor from history. It's also exactly what a large Road Transport company did when they took over the company I was working for at the time. They were "C(name) Logistics", and we were "B(name) Distribution". So first they changed our name to "B(name) Logistics", then a year or so later claimed they were 'merging' the two companies by taking their name ('C') and our "Logistics" to make "C(name) Logistics". Oh what a surprise Link to post Share on other sites More sharing options...
RMweb Gold Regularity Posted December 11, 2021 RMweb Gold Share Posted December 11, 2021 They could always take the last word of each name, to create “Southern Pacific”… 2 2 Link to post Share on other sites More sharing options...
RMweb Premium BR60103 Posted December 12, 2021 RMweb Premium Share Posted December 12, 2021 16 hours ago, Regularity said: They could always take the last word of each name, to create “Southern Pacific”… That is what seemed to happen when Union Pacific and Southern Pacific merged. Link to post Share on other sites More sharing options...
mdvle Posted March 2, 2022 Share Posted March 2, 2022 BNSF, NS, and CN have (or were expected to) file with the STB for what they want from the CP/KCS merger. CN wants the STB to force CPKC to sell a line from Springfield to Kansas City to CN. BNSF has apparently filed for the predicted trackage rights, and has apparently put in a request to the Mexican Government to operate in Mexico. https://railfan.com/cpkc-meger-cn-wants-kcs-line-ns-bnsf-want-trackage-rights/ 1 Link to post Share on other sites More sharing options...
peach james Posted March 3, 2022 Share Posted March 3, 2022 Lots of coverage on todays OK the PK about the various sought remedies. There's been good coverage from OK the PK on this over the last week- Slim does a good job of picking up the leads and following them out. Link to post Share on other sites More sharing options...
pH Posted August 17, 2022 Share Posted August 17, 2022 On 21/03/2021 at 10:24, pH said: Let’s not get too carried away yet. Remember the CN-BNSF merger! https://www.stb.gov/Decisions/readingroom.nsf/WEBUNID/9E0BA130B4D48DB1852568B0005B5AE4?OpenDocument The US does not like foreign control of US companies. The proposed merger appears to have now cleared that hurdle: https://finance.yahoo.com/news/canadian-pacific-kansas-city-southern-120000789.html Link to post Share on other sites More sharing options...
Wendell1976 Posted March 16, 2023 Share Posted March 16, 2023 It is official. The Surface Transportation Board has okayed the CP-KCS merger. The CPKC does not have to give any trackage rights or rail lines to another railroad. However, there are stipulations that must be followed from the federal government. https://www.trains.com/trn/news-reviews/news-wire/conditions-placed-on-cp-kcs-merger-designed-to-ensure-competition-smooth-operations/ Wendell Idaho, USA 2 2 Link to post Share on other sites More sharing options...
Wendell1976 Posted March 16, 2023 Share Posted March 16, 2023 Here's some more information about the CP-KCS merger: https://railfan.com/breaking-regulators-approve-cp-kcs-merger/ Wendell Idaho, USA 2 Link to post Share on other sites More sharing options...
pH Posted April 14, 2023 Share Posted April 14, 2023 The CPR-KCS merger takes place on April 14. Depending in which time zone the merger becomes legal, it may have actually happened already. Link to post Share on other sites More sharing options...
RMweb Premium Rich_F Posted April 14, 2023 RMweb Premium Share Posted April 14, 2023 (edited) 6 hours ago, pH said: The CPR-KCS merger takes place on April 14. Depending in which time zone the merger becomes legal, it may have actually happened already. Looks like it's done. https://www.marketscreener.com/quote/stock/CANADIAN-PACIFIC-RAILWAY-1409549/news/Canadian-Pacific-and-Kansas-City-Southern-combine-to-create-CPKC-43494736/ CPKC as the new moniker with a new logo: https://www.trains.com/trn/news-reviews/news-wire/cpkc-unveils-new-logo-on-first-day-as-a-merged-system/ Edited April 14, 2023 by Weeny Works Link to post Share on other sites More sharing options...
pH Posted April 14, 2023 Share Posted April 14, 2023 4 hours ago, Weeny Works said: CPKC as the new moniker with a new logo: https://www.trains.com/trn/news-reviews/news-wire/cpkc-unveils-new-logo-on-first-day-as-a-merged-system/ So they’ve kept the Golden Rodent! Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now