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CALGARY, AB, April 22, 2021 /PRNewswire/ - The North Dakota Grain Dealers Association today filed a letter with the Surface Transportation Board re-iterating its support of the Canadian Pacific (TSX: CP) (NYSE: CP)-Kansas City Southern combination. In the letter, the association also expressed its opposition to the Canadian National bid.
The full text of the letter reads:
The North Dakota Grain Dealers Association (NDGDA) hereby files this letter to express its opposition to the bid by CN to acquire KCS and re-iterate its support for the CP-KCS combination.
As expressed in our initial letter to the Board dated March 30, 2021, NDGDA supports swift approval of the CP-KCS combination because of the significant benefits the combination should bring, including expanded markets to the North Dakota grain shippers serviced by CP and strengthened competition against the other, larger rail carriers and trucks that serve our members markets.
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