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It combines the two smallest of North America's seven Class 1 railroads, after the U.S. rail regulator approved the US$31-billion deal last month. ....
Kansas City Southern in talks on dueling rail takeover bids JOSH FUNK, AP Business Writer April 26, 2021 FacebookTwitterEmail FILE - In this Nov. 5, 2004 file photo, the logo of Kansas City Southern is down on a restored 1954 Kansas City Southern passenger locomotive at Union Station in Kansas City, Mo. A bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway. The bid trumps a $25 billion cash-and-stock proposal made by Canadian Pacific last month. Shares of Kansas City Southern jumped more than 18% in Tuesday, April 20, 2021 premarket trading.(Norman Ng/The Kansas City Star via AP)Norman Ng/AP ....