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 constitutes a “Company Superior Proposal” as defined in KCS’s agreement with CP. KCS added that...
Source: railwayage.com