Canadian Pacific Railway CEO on deal to acquire Kansas City Southern

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CNBC Television published this video item, entitled “Canadian Pacific Railway CEO on deal to acquire Kansas City Southern” – below is their description.

Shares of Kansas City Southern surged Monday morning after agreeing to be acquired by Canadian Pacific Railway in a deal valued at about $25 billion. If the deal is approved, it would create the first freight-rail network linking Mexico, the U.S. and Canada. Keith Creel, CEO of Canadian Pacific, joined “Squawk on the Street” to discuss the deal.

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    Canada is a country in the northern part of North America. It extends from the Atlantic to the Pacific and northward into the Arctic Ocean, covering 9.98 million square kilometres (3.85 million square miles), making it the world’s second-largest country by total area.

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    Various Indigenous peoples inhabited what is now Canada for thousands of years before European colonization. The Canada Act 1982, which severed the vestiges of legal dependence on the British Parliament. Canada is a parliamentary democracy and a constitutional monarchy in the Westminster tradition, with a monarch and a prime minister who serves as the chair of the Cabinet and head of government.

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