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Canadian National Weighs Adding Sweetener to Kansas City Southern Bid Lou Whiteman 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 a surprise $33 billion bid for Kansas City Southern, topping Canadian Pacific s $30 billion agreement. Kansas City Southern s board is currently reviewing the new proposal, but Canadian National isn t waiting for a decision. © Kansas City Southern Two KSU trains passing each other on the rails. The Wall Street Journal reported today that Canadian National is preparing to add to its already higher offer, potentially pledging to cover the $700 million breakup fee Kansas City Southern would owe if it abandons Canadian Pacific. Other changes were possible, with Kansas City Southern reportedly asking Canadian National to

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