(Source: Railway Age, August 10, 2021)
NEW YORK — More than likely anticipating that the Surface Transportation Board will reject the CN/Kansas City Southern voting trust, and soon — prior to the August 19 KCS shareholder vote to approve or reject CN’s $325 per-share offer to acquire KCS — Canadian Pacific has submitted a US$300 per-share offer to KCS that includes $90 in cash.
Full story: Railway Age