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KCS declares CP proposal superior, will terminate CN deal

(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:...

The unfolding of the KCS takeover saga

(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....

2021 KCS Holiday Express: Train cancelled, fundraiser on

(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...