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Kansas City Southern amends deal to acquire Mexican railroad

(The following article by Randolph Heaster was posted on the Kansas City Star website on December 16.) KANSAS CITY — Kansas City Southern has agreed to acquire control of Mexico’s biggest railroad, 20 months after originally announcing the deal to create a...

KCS buys control of Mexico railroad, resolves spat

(Reuters circulated the following article on December 15.) MEXICO CITY — U.S. transport group Kansas City Southern has agreed to buy a controlling stake in Mexico’s busiest railroad in a deal worth at least $550 million, ending a bitter legal dispute with...

KC Southern’s proposal on Mexico rail advances

(The following article by Randolph Heaster was posted on the Kansas City Star website on November 30.) KANSAS CITY — A federal regulator has approved Kansas City Southern’s request to acquire majority interest in a short-line railroad linking its own...

KCS board declares quarterly preferred dividend

(KCS issued the following news release on November 4.) KANSAS CITY, Mo. — Kansas City Southern’s (KCS)(NYSE:KSU) Board of Directors declared a regular quarterly dividend of 25 cents per share on the outstanding KCS 4% Non-Cumulative preferred stock. The...

Kansas City Southern 3Q profit rises

(The Associated Press circulated the following article on October 28.) KANSAS CITY — Railroad operator Kansas City Southern said Thursday that third-quarter profit more than doubled, driven by higher revenue from hauling of wood products. Quarterly earnings rose...

Mexican officials approve KCS bid

(The Associated Press circulated the following article on October 7.) KANSAS CITY, Mo. — Mexican regulators have approved Kansas City Southern’s bid to buy the country’s largest railroad company, the companies said. The decision clears the way for...