KSU News and Press, Kansas City Southern From 05/14/21

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 alternativ...

Last night, Canadian National Railway (TSX:CNR) (NYSE:CNI) shareholders got news to rejoice about, as Kansas City Southern (NYSE:KSU) stated that it would accept CN’s buyout offer. The news came after a months-long bidding war between CN Railway and Canadian...

Kansas City Southern (KSU) says it has accepted a "superior proposal" from Canadian National Railway (CNI) that offers to buy it for $325/share.CN Rail's proposal implies a total enterprise value of $33.6B, including the assumption of $3.8B of Kansas City Southern's debt, topping a $25B ...

CN’s enhanced proposal of $325 1 per share values KCS at an enterprise value of $33.6 billion With Confirmatory Due Diligence Complete, CN Looks Forward to Promptly Entering into Merger Agreement with KCS MONTREAL, May 13, 2021 (GLOBE NEWSWIRE) -- CN (TS...

Kansas City Southern (NYSE: KSU) (“KCS”) today announced receipt of a revised acquisition proposal from Canadian National Railway Company (TSX: CNR, NYSE: CNI) (“CN”). Under the terms of CN’s revised proposal, each share of KCS common stock would be ex...

Canadian National Railway (NYSE: CNI) is reportedly preparing to sweeten its offer for Kansas City Southern (NYSE: KSU) , stepping up its effort to pry the target away from merger partner Canadian Pacific Railway (NYSE: CP) . In April, Canadian National launched ...

Canadian National Railway ([[CNI]] +0.6%) is likely to increase its takeover bid for Kansas City Southern ([[KSU]] +1.7%), sources tell The Wall Street Journal. Importantly, the new proposal could include covering the $700M breakup fee that Canadian Pacific Railway ([[CP]] +1.5%) lands if KSU...

Shares of Kansas City Southern (NYSE:KSU) traded today at $309.87, eclipsing its 52-week high. Approximately 290,000 shares have changed hands today, as compared to an average 30-day volume of 1.5 million shares. Over the past year, Kansas City Southern has traded in a range of $128.80 t...

Kansas City Southern (KCS) (NYSE: KSU) announced today that it has promoted Timothy Livingston from general manager network operations to vice president transportation for the company’s operations in the U.S. and Mexico. “Throughout the evolution of KCS’ impleme...

MONTREAL, May 12, 2021 (GLOBE NEWSWIRE) -- CN (TSX: CNR, NYSE: CNI) today announced that significant support has continued to grow for its proposed combination with Kansas City Southern (NYSE: KSU) (“KCS”). More than 180 additional letters have been sent to CN and filed ...