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CN to partner Kansas City Southern

CN to partner Kansas City Southern CN (TSX: CNR, NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that they have entered into a definitive merger agreement to create the premier railway for the 21st century. Under the terms of the agreement, which was unanimously approved by the Board of Directors of each company, KCS shareholders will receive $3252 per common share based on CN’s May 13, 2021 offer, which implies a total enterprise value of $33.6 billion, incl...
United States Nuevo Leóx Mexico City Distrito Federal Rosen Katz Patrickj Ottensmeyer

Kansan City Southern, Canadian National finalize railway merger

Kansan City Southern, Canadian National finalize railway merger The deal connects ports in Tamaulipas, Veracruz and Michoacán to the US and Canada Published on Monday, May 24, 2021 130shares Railway company Canadian National (CN) agreed to a US $33.6-billion deal to take over Kansas City Southern (KCS) on Friday, which will connect ports between Mexico, the United States and Canada with 42,000 kilometers of track. KCS transports freight from the ports of Tampico and Altamira in Tamaulipas, ...
United States Nuevo Leóx Mexico City Distrito Federal Sergio Garc Del Baj

CN outbids Canadian Pacific for Kansas City Southern to expand rail network across North America

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United States Josephs Pete Kansas City Southern Canadian National Railway Canadian Pacific National Railway

Game Over for CP+KCS? Maybe, Maybe Not

Game Over for CP+KCS? Maybe, Maybe Not Game Over for CP+KCS? Maybe, Maybe Not Written by Marybeth Luczak, Executive Editor The activity involving Kansas City Southern and its two potential merger partners, Canadian Pacific and CN, took yet another turn late on May 13. CN appears to have come out on top, but don’t count CP out, at least not yet. KCS on May 13 announced that its Board of Directors determined that a revised merger offer from CN c...
United States Rosen Katz Baker Miller Davies Ward Phillips Vineberg Kansas City Southern Morgan Stanley Co

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