September 14, 2021 | CP, Headlines, KCS
(Source: Progressive Railroading, September 12, 2021) Kansas City Southern today announced that its board has determined that Canadian Pacific’s revised proposal constitutes a “company superior proposal” as defined in KCS’s merger agreement with CN. Full story:...
September 14, 2021 | CN, Headlines, KCS
(Source: TCI Fund Management Limited press release, September 13, 2021) LONDON — Long-term shareholders CIFF Capital UK LP and The Children’s Investment Master Fund, acting by their investment manager TCI Fund Management Limited (together, “TCI”),...
September 14, 2021 | CP, Headlines, KCS
(Source: Reuters, September 13, 2021) NEW YORK — Kansas City Southern said it planned to accept Canadian Pacific Railway Ltd’s $27.2 billion cash-and-stock acquisition offer as superior to its $29.6 billion deal to sell itself to Canadian National Railway Ltd....
September 14, 2021 | Headlines, KCS
(Source: Kansas City Southern press release, September 13, 2021) KANSAS CITY, Mo. — Kansas City Southern (KCS) announced today that it will celebrate the 21st anniversary of its KCS Holiday Express program and partnership with The Salvation Army with a fundraiser to...
September 14, 2021 | Headlines, UP
(Source: Railway Track & Structures, September 9, 2021) NEW YORK — Union Pacific is putting the finishing touches on a bridge in Colfax County, Neb., and in about two years a highway bridge should be in the completion phase right next to the railroad span. Full...
