Items Tagged with 'merger'

Two rail giants’ plans to become the first coast-to-coast railroad company through a massive merger is drawing interest from some shippers excited by the prospect of fewer delays, but concern from others about potential ramifications it could have for competition. 

Federal and state court judges have blocked the proposed merger of Kroger and Albertsons after finding the scale of the divestiture plan, which involves selling about 580 stores to C&S Wholesale Grocers, cannot make up for the loss of competition that would result from the merger.

The board of directors for Kansas City Southern decided to terminate its merger agreement with Canadian Pacific Railway in March for a new deal with Canadian National Railway.