THE SOUTHERN PACIFIC RAILROAD. Share full article. March 29, 1861. Credit... The New York Times Archives. See the article in its original context from March 29, 1861, Page 1 Buy Reprints.

Canadian Pacific Railway (CP-1.25%) is looking to the south for growth, announcing plans to acquire Kansas City Southern (KSU) for $29 billion. The deal is the largest ever between two railroads ...

OMAHA, Neb. - Canadian Pacific said Monday that it is ending its nearly $30 billion takeover bid for Norfolk Southern (), less than six months after it offered to buy the rival railroad. Norfolk ...

Canadian Pacific estimates that by the time a formal offer is announced in late March, the total value of the cash-stock deal will be $126.18, based on the future value of this combined company.

The proposed merger of the Canadian Pacific and Kansas City Southern railroads would create a rail line extending from Mexico to Canada. ... business owners oppose massive $31B railroad merger.

The Surface Transportation Board approved the merger of Canadian Pacific Railway and Kansas City Southern Railroad in the nation’s first major rail merger since 1998.

U.S. rail operator Norfolk Southern said Friday it rejected an unsolicited takeover by Canadian Pacific that would have created a transcontinental rail company. Canadian Pacific offered cash and ...

Kansas City Southern shareholders on Friday overwhelmingly approved a $31 billion merger with Canadian Pacific, meaning the Kansas City-based railroad will cease to exist as a stand-alone company.

In fact, the name Sprint is an acronym. When it was first coined, the SPR stood for Southern Pacific Railroad. The Southern Pacific traces its roots back to the 1860s.

The combined company would operate about 20,000 miles of railway, employ 20,000 people and generate annual revenue of about $8.7 billion.