Canadian Pacific, Kansas City Southern Agreement Represents Enterprise Value Of ~$31B; Companies To Host Investor Conference Call Thursday, Sept. 16 At 8 a.m. EDT
Today, 9:53 AM
Canadian Pacific Railway Limited (TSX:CP) (NYSE:CP) ("CP") and Kansas City Southern (NYSE:KSU) ("KCS") today announced they have entered into a merger agreement, under which CP has agreed to acquire
5 Largest US M&A Deals In Q2: Railways, Health Care, REITS And More
Today, 9:53 AM
Global merger and acquisition activity topped $1 trillion in the second quarter of 2021, with the U.S alone topping $500 billion. This was the third quarter in a row that this happened globally and in the U.S.
KCS Punts Merger Vote Until Late September
Today, 9:53 AM
Kansas City Southern shareholders are holding off on voting on merger proposals from CN and, apparently, Canadian Pacific until late September.
Kansas City Southern Adjourns Special Meeting Of Stockholders Until September 24, 2021
Today, 9:53 AM
Kansas City Southern (NYSE:KSU) ("KCS") today announced that it has adjourned the Special Meeting of Stockholders (the "Special Meeting") for KCS stockholders to vote on the previously announced
Kansas City Southern Board To Deem CP Deal Likely To Lead Superior Offer; Board Expected To Meet, Likely To Open Talks With CP
Today, 9:53 AM
-CNBC Citing Sources
KCS Shareholders In Hot Seat As CP Sets Deadline On Merger Offer
Today, 9:53 AM
It's up to Kansas City Southern's shareholders now to determine whether the railway will continue its plan to merge with CN or revert to Canadian Pacific.
Breaking: Regulators Reject CN’s Proposed Voting Trust To Acquire KCS
Today, 9:53 AM
The Surface Transportation Board voted unanimously Tuesday to reject the proposed voting trust that CN would use to acquire Kansas City Southern, making the $33.6 billion merger's prospects unclear.
Ida’s Impact: Supply Chain Updates, Tuesday, Aug. 31
Today, 9:53 AM
Here are Tuesday's news and notes from FreightWaves reporters and market experts in the aftermath of Hurricane Ida. This file will be updated throughout the day, so please check back. (Click here to review Monday's updates.)
UPDATE: Surface Transportation Board Says Not Clear Trust Would Be In Public Interest
Today, 9:53 AM
-Reuters -Reuters