KSU News and Press, Kansas City Southern From 04/24/21

Canadian National Railway (CNI) will begin negotiations with Kansas City Southern (KSU) after the company's board determined that the CNI offer is likely to lead to a "superior" bid than Canadian Pacific's (CP) deal.Kansas City Southern intends to provide Canadian National with nonpublic info...

Welcomes determination by KCS board of directors that CN’s offer is reasonably expected to lead to “Company Superior Proposal” MONTREAL, April 24, 2021 (GLOBE NEWSWIRE) -- CN (TSX: CNR, NYSE: CNI) today announced that it looks forward to engaging with the boar...

Kansas City Southern to Begin Discussions with Canadian National Railway Kansas City Southern (NYSE: KSU) (“KCS”) today announced that its Board of Directors has unanimously determined, after consultation with the Company’s outside legal and financial ad...

Kansas City Southern (NYSE: KSU) is reportedly close to declaring that a $33 billion bid that was launched by Canadian National Railway (NYSE: CNI) is superior to a $30 billion offer from Canadian Pacific (NYSE: CP) . This will set off a bidding war for one of the mo...

Stocks experienced a bit of a rollercoaster this week, starting off with some selling on Monday and Tuesday before rallying on Wednesday and into Thursday morning. That ended with news of President Biden's "American Family Plan," to be funded mainly by increasing the capital gains tax and the...

Kansas City Southern (KSU) is reportedly expected to indicate in the coming says that Canadian National Railway's (CNI) bid would likely lead to a superior offer than Canadian Pacific's (CP) announced deal. KSU gained 1.3%.The declaration would open the door for talks between the railroad ope...

Kansas City Southern (KSU) is paring some gains after Congressman Peter DeFazio (D-Oregon) said a proposed railroad merger should set off "alarm bells" and will leave the U.S. economy "worse off.DeFazio, who is chairman of the U.S. House Transportation and Infrastructure Committee, said a pot...

Miller/Howard Investments is an employee-owned, research-driven firm managing portfolios for a range of investors, from high-net-worth individuals to large institutions. The good news for long-term investors is that while changes in P/E multiples are important in the short term, they ...

CN Rail (TSX:CNR) (NYSE:CNI) was under considerable pressure this week thanks in part to management’s decision to one-up its top rival CP Rail (TSX:CP) (NYSE:CP) with a sweeter bid to acquire Kansas City Southern (NYSE:KSU) . The feud between C...

Canadian Pacific (CP) CEO Keith Creel said he considers Canadian National Railway's (CNI) rival $325/share bid for Kansas City Southern (KSU) as not a real offer. It's not a real deal as far as I'm concerned," Creel said on the company's earning conference call last night. "It's kin...