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Kansas City Southern (NYSE: KSU) has terminated its deal to be acquired by Canadian Pacific Railway (NYSE: CP) , instead accepting a $33 billion bid from Canadian National Railway (NYSE: CNI) . Kansas City Southern (KCS) and Canadian Pacific (CP) struck a deal ba...
Kansas City Southern ( NYSE: KSU ) announced today that the company’s board has determined the Canadian National Railway Company’s ( NYSE: CNI ) acquisition proposal to be superior to the offer received from Canadian Pacific Railway Limited ( NYSE: CP ). ...
CN and KCS enter into a definitive merger agreement to create the premier railway for the 21 st century, bring together highly complementary networks to benefit customers and enhance competition Anticipated to be accretive to CN’s Adjusted Diluted EPS 1 in t...
Kansas City Southern ([[KSU]] +0.7%) formally announces that it has terminated its merger agreement with Canadian Pacific Railway ([[CP]] +0.7%) and struck a deal with Canadian National Railway ([[CNI]] -1.3%). Under the terms of the merger agreement, each share of Kansas City Southern s...
Kansas City Southern Terminates Canadian Pacific Railway Merger Agreement and Enters Into Merger Agreement with Canadian National Railway Kansas City Southern (NYSE: KSU) (“KCS”) today announced that the Company’s Board of Directors, in consultation with...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Something's cookingThe three-week-old antitrust trial between Apple (NASDAQ:AAPL) and Epic Games will wrap up on Monday, but not before an appearance from ...
Kansas City Southern (KSU) declares $0.54/share quarterly dividend, in line with previous.Forward yield 0.74%Payable July 6; for shareholders of record June 14; ex-div June 11.See KSU Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Kansas City Southern d...
Canadian Pacific Railway (NYSE: CP) will not raise its nearly $30 billion offer for Kansas City Southern (NYSE: KSU) , calling a rival $33 billion bid from Canadian National Railway (NYSE: CNI) "illusory" and warning that the Canadian National bid was unlikel...
Canadian Pacific (CP) isn't expected to raise its over for Kansas City Southern (KSU) with today's deadline, according to the WSJ, which cited people familiar.Canadian Pacific in press release earlier called on the KSU board to reject what its clams is Canadian National Railway's (CNI) "anti-...
Canadian National (CNI) holder TCI Fund management said the railroad operator should drop its offer for Kansas City Southern (KSU).TCI, run by UK hedge fund manager Chris Hohn, urges Canadian National to give up its bid for KSU unless deal terms are amended so that voting trust approval ...
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The yearlong saga by Kansas City Southern (NYSE: KSU) to find a buyer came to an end on Dec. 14, when Canadian Pacific Railway (NYSE: CP) completed its deal to acquire Kansas City stock for $31 billion. But what happens next for the railroads is far from clear, and investors...
Kansas City Southern (KCS) (NYSE: KSU) announced today that the company has been notified that our CDP climate change disclosure, submitted earlier this year, earned a score of A- for 2021. This is an improvement from KCS’ 2020 score and moves KCS to the “Leadership Level&...
Kansas City Southern (NYSE: KSU) (“KCS”) announced that the Company’s stockholders have voted to approve the previously announced combination with Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) (“CP”) at today’s virtual Special Meeting of...