OMAHA, Neb. (AP) — Canadian National railroad is indicating it remains committed to its $33.6 billion acquisition of Kansas City Southern, despite reservations from one major shareholder and a regulatory setback. CN CEO JJ Ruest on Wednesday underscored what he sees as the potential benefits of the deal and he believes most of his shareholders support it. He said he is also confident that regulators will eventually approve CN’s acquisition of Kansas City Southern, which would be the first major railroad merger in more than 20 years. Canadian National has the edge in the bidding for Kansas City Southern over a rival $25 billion offer from Canadian Pacific.
