KSU - Canadian Pacific unlikely to just walk away from Kansas City Southern analyst says

It would be a surprise for Canadian Pacific (CP) to just walk away from Kansas City Southern (KSU) after CP accepted Canadian National Railway's (CNI) sweetened offer, according to Credit Suisse.There's a possibility that Canadian Pacific could reach out to private equity firms for alternative financing for a deal, Credit Suisse analyst Allison Landry wrote in a note."It’s quite clear that private equity/infra funds have a keen interest in investing in railroads; and thus, we think this could be a source of funds for CP to raise its bid," Landry wrote.Landry also expects that CSX Corp. (CSX) shares will trade higher today on the potential that a Canadian Pacific/CSX deal may be more likely now. CSX rose 0.6% in premarket trading.Separately, Canadian Pacific shares are trading at about $81/share in premarket trading to account or a 5-1 stock split.Recall April 28, Kansas City Southern falls after Canadian Pacific CEO says

For further details see:

Canadian Pacific unlikely to just walk away from Kansas City Southern, analyst says