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Canadian Pacific officials said they agree with a U.S. Department of Justice (DOJ) filing with the Surface Transportation Board (STB) regarding CN's proposed use of a voting trust in connection with its proposed combination with Kansas City Southern.
CP concurs with the DOJ's objection to CN's application for proposed use of a voting trust on the grounds that a CN merger with KCS would pose greater risks to competition than the CP-KCS agreement, according to a CP press release.
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