{"id":234,"date":"2021-08-31T13:48:35","date_gmt":"2021-08-31T18:48:35","guid":{"rendered":"https:\/\/draydepot.com\/?p=234"},"modified":"2021-08-31T13:48:35","modified_gmt":"2021-08-31T18:48:35","slug":"breaking-news-the-surface-transportation-board-has-rejected-the-cn-voting-trust-application-to-purchase-kansas-city-southern","status":"publish","type":"post","link":"https:\/\/draydepot.com\/?p=234","title":{"rendered":"BREAKING NEWS: The Surface Transportation Board has rejected the CN voting trust application to purchase Kansas City Southern."},"content":{"rendered":"\n<p><span style=\"font-weight: 400;\">Applicants have adequately explained how the voting trust agreement would insulate them from an unlawful control violation, but the Board finds that the proposed use of a voting trust, in the context of their impending control application, would not be consistent with the public interest. Applicants have failed to establish that their use of a voting trust would have public benefits, and the Board finds that using a voting trust, in the context of the impending control application, would give rise to potential public interest harms relating to both competition and divestiture. Accordingly, Applicants&#8217; motion to approve the use of a voting trust will be denied.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Applicants have adequately explained how the voting trust agreement would insulate them from an unlawful control violation, but the Board finds that the proposed use of a voting trust, in the context of their impending control application, would not be consistent with the public interest. Applicants have failed to establish that their use of a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/draydepot.com\/index.php?rest_route=\/wp\/v2\/posts\/234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/draydepot.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/draydepot.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/draydepot.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/draydepot.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=234"}],"version-history":[{"count":0,"href":"https:\/\/draydepot.com\/index.php?rest_route=\/wp\/v2\/posts\/234\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/draydepot.com\/index.php?rest_route=\/wp\/v2\/media\/340"}],"wp:attachment":[{"href":"https:\/\/draydepot.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/draydepot.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/draydepot.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}