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CN Exits Battle For KCS, Clearing Path For Rival's $31B Deal

CN Exits Battle For KCS, Clearing Path For Rival's $31B Deal
law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.

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CN Rail CEO says KCS acquisition about 'following the economy,' not just growing his company

Kevin Carmichael: Ruest says he s following business where business is going next after sensing change in where winds are blowing on trade ....

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Canadian National Railway beats Canadian Pacific with $33.6-billion Kansas City bid

But it s not over yet. CP now has five business days to make a new offer for the U.S. railway ....

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Melinda Gates becomes CN Rail's sixth biggest shareholder after stock transfer following divorce announcement

Melinda Gates becomes CN Rail's sixth biggest shareholder after stock transfer following divorce announcement
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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'It's fool's gold': CP chief executive blasts rival CN's debt-heavy bid for U.S. railway as 'fantasy'

Article content
Canadian Pacific Railway Co. chief executive Keith Creel implored investors to support its bid for Kansas City Southern over rival Canadian National Railway Co. on Wednesday, saying that the Calgary-based railway does not need to raise its bid to win.
The CEO listed more than 20 “truths” that the company believes demonstrate the benefits of CP’s offer and the downsides of CN’s bid. The CEO made the appeal during CP’s first-quarter earnings call with analysts, one day after CN trumped a previous US$25.2 billion bid from CP with a US$33.7 billion offer of its own for the U.S.-based railway. ....

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