Client Work

CP Shareholders Overwhelmingly Support Proposed CP-KCS Merger Agreement

December 8, 2021
Authors
Jeffrey KerbelPartner
Harinder S. BasraCalgary Managing Partner
Brent W. KrausPartner
Annie B. TonkenAssociate
Anu NijhawanPartner
Jared A. MackeyPartner
Karen J. DawsonPartner
Mark S. PowellPartner
Carl CunninghamPartner
Melanie L. AitkenManaging Principal, Bennett Jones (US) LLP
Robert W. StaleyVice Chair and Partner
Adam KalbfleischPartner

Canadian Pacific Railway (CP) has announced that its shareholders voted overwhelmingly in favour of the issuance of CP common shares to Kansas City Southern (KCS) common stockholders in connection with the proposed CP-KCS combination.

CP and KCS entered into the historic US$31-billion merger on September 15, 2021, which will create the first single-line rail network linking the United States, Mexico and Canada.

Bennett Jones is advising CP on Canadian M&A, corporate/securities, tax, finance, employment and competition/antitrust matters. The deal team was led by Jeff Kerbel (corporate/securities) and includes:

Bennett Jones' public and private M&A practice spans all industries, and particularly those that drive the Canadian economy.

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For informational purposes only

This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors.

Authors

Jeffrey Kerbel, Partner
Toronto  •   416.777.5772  •   kerbelj@bennettjones.com
Harinder S. Basra, Calgary Managing Partner  •   Co-Head of Energy Practice
Calgary  •   403.298.4494  •   basrah@bennettjones.com
Brent W. Kraus, Partner  •   Co-Head of Mergers & Acquisitions Practice
Calgary  •   403.298.3071  •   krausb@bennettjones.com
Annie B. Tonken, Associate
Calgary  •   403.298.3456  •   tonkena@bennettjones.com
Anu Nijhawan, Partner  •   Co-Head of Tax Department
Calgary  •   403.298.3389  •   nijhawana@bennettjones.com
Jared A. Mackey, Partner
Calgary  •   403.298.4471  •   mackeyj@bennettjones.com
Karen J. Dawson, Partner  •   Co-Head of Banking & Secured Transactions Practice
Calgary  •   403.298.3302  •   dawsonk@bennettjones.com
Mark S. Powell, Partner
Calgary  •   403.298.3365  •   powellm@bennettjones.com
Carl Cunningham, Partner  •   Co-Head of Employment Services Practice
Toronto  •   416.777.4847  •   cunninghamc@bennettjones.com
Melanie L. Aitken, Managing Principal, Bennett Jones (US) LLP  •   Head of Competition, Antitrust & Foreign Investment Practice
New York - United States  •   416.777.4855  •   aitkenm@bennettjones.com
Robert W. Staley, Vice Chair and Partner
Toronto  •   416.777.4857  •   staleyr@bennettjones.com
Adam Kalbfleisch, Partner
Toronto  •   416.777.5757  •   kalbfleischa@bennettjones.com