Tag: Kansas City Southern
Canadian Pacific Reaches $27B Deal For Kansas City Southern
Canadian Pacific Railway clinched a deal to take over Kansas City Southern, as a rival dropped its pursuit of the highly coveted railroad after...
Kansas City Southern To Accept Canadian Pacific’s $27B Deal
Kansas City Southern announced on Sunday, September 12, it planned to accept Canadian Pacific Railway US$27.2 billion cash-and-stock acquisition offer as superior to its...
Kansas City Southern Reconsiders $27B Offer From Canadian Pacific
The board of the Kansas City Southern railroad is reconsidering a $27bn offer from Canadian Pacific, despite an agreement to sell the company to...
Canadian Pacific Raises Offer For Kansas City Southern To $27B
Canadian Pacific made a new, higher offer on Tuesday, August 10, to buy Kansas City Southern worth about US$31 billion, including debt, reviving its...
Opposition Grows In CN, KCS Rail Merger
The Surface Transportation Board (STB) is taking public comments until June 28 on the proposed multibillion dollar merger of Class I freight rail companies...
CN To Sell Assets To Ease Kansas City Southern Antitrust Concerns
Canadian National Railway is offering to sell a 70-mile stretch of a Louisiana rail network to defuse antitrust concerns as it seeks regulatory approval...
Kansas City Southern May Terminate Canadian Pacific Deal: WSJ
Kansas City Southern is expected to ditch its merger agreement with Canadian Pacific Railway in favor of a competing proposal from Canadian National Railway,...
UK Hedge Fund Tells Canadian National To Drop $34B Kansas City...
UK hedge fund manager Chris Hohn has demanded that Canadian National (CN) abandon its current US$34 billion pursuit of US railway rival Kansas City...
Mexico: Kansas City Southern answers COFECE’s preliminary report
Kansas City Southern announced today that yesterday the Mexican Economic Competition Commission published in the Mexican Official Gazette of the Federation an abstract of...
Mexico: Antitrust agency says railways lack competition
A lack of competition in Mexico's rail freight sector, which is dominated by Grupo Mexico and Kansas City Southern de Mexico, has resulted in...