By Dana Cimilluca and Cara Lombardo 

BREAKING NEWS

Canadian Pacific Railway Ltd. doesn't plan to increase its takeover offer for Kansas City Southern and will instead emphasize hurdles its rival Canadian National Railway Co. faces in gaining approval to buy the American railroad, according to people familiar with the matter.

More to follow

 

(END) Dow Jones Newswires

May 20, 2021 08:43 ET (12:43 GMT)

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