Calgary Alberta - Canadian Pacific Railway Limited (CP) issued the following statement in response to the Surface Transportation Board (STB) decision today relating to materials sought by CP in preparing its application for authorization to control KCS:
 
CP is gratified by the STB's decision released today, in which the STB confirms that CP may use the STB's discovery processes in the CP/KCS docket, Finance Docket No. 36500, to immediately seek from KCS the materials that are "relevant to its preparation of an application of authority to acquire control of KCS" to be filed in that docket.
 
The Board also noted that CP may seek a waiver from otherwise applicable informational requirements to the extent it cannot obtain information from KCS, such as due to KCS's "reluctance to cooperate".
 
This decision validates CP's plan to submit its Application for authority to control KCS in the CP/KCS docket, which will present the STB with the only viable Class I combination that is in the public interest.
 
CP looks forward to obtaining the needed information from KCS and completing and filing its Application.
 
Author unknown.