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KCS Switches Tracks to CN From CP

OMAHA (DTN) — The board of directors for Kansas City Southern railroad on Thursday switched tracks and chose to accept the purchase offer from Canadian National Railway, concluding that company’s bid is superior to that of Canadian Pacific Railway. Canadian National’s (CN) bid for Kansas City Southern (KCS) tops $33.6 billion compared to the Canadian Pacific (CP) merger plan of $29 billion offered in March. The board for KCS determined CN’s revised proposal amounts to a “company super...
United States New Orleans Gulf Of Mexico Mexico General West Bend North Dakota
Source: ocj.com

Canadian Railroads' Battle to Create Single North American Rail Line Takes Turn

About DTN DTN delivers accurate, objective, real-time, and actionable insights to increase our 2 million customers’ confidence and support their business decisions. In a data-rich world, our actionable insights in weather and financial analytics make sense of the information, drive change in processes and help businesses prosper. They empower our agriculture, energy and transportation customers – those who work endlessly to feed, fuel and protect our world. We believe that when our customer...
United States New Orleans Gulf Of Mexico Mexico General West Bend North Dakota
Source: dtnpf.com

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