Front page, top of fold, right hand column in today's Journal
Kansas City Southern KSU is expected to ditch its merger agreement with Canadian Pacific Railway Ltd. in favor of a competing proposal from Canadian National Railway Co. , according to people familiar with the matter, a dramatic turn with big implications for the shape of the U.S. rail industry.
The expected move follows a decision earlier Thursday by Canadian Pacific to hold firm on the terms of its already-agreed deal with Kansas City Southern after the U.S. railroad operator indicated it would favor a topping bid by Canadian National. The decision could be unveiled by Friday.
What is contradictory, well at least with yesterday's columnist
I noted, is that, while CP has made their lesser final offer hoping that a Surfboard Decision would award them the property, the Journal reports
today that CN, having more Loonies on the table, will get the prize.
Loonies talk louder than balanced competition.
Still to be heard from: Mexican regulatory agencies.
Finally, while I realize I'm the only one around here who reads newspapers in print (been doing so since I was 8yo), there appears a nice photo, print edition only, of KCS-M SD-90's taken @MP228; wherever that may be "south of the border"