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a:5:{s:8:"template";s:3196:"<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html lang="en"> <head profile="http://gmpg.org/xfn/11"> <meta content="text/html; charset=utf-8" http-equiv="Content-Type"/> <title>{{ keyword }}</title> <style rel="stylesheet" type="text/css">@font-face{font-family:Roboto;font-style:normal;font-weight:400;src:local('Roboto'),local('Roboto-Regular'),url(https://fonts.gstatic.com/s/roboto/v20/KFOmCnqEu92Fr1Mu4mxP.ttf) format('truetype')}@font-face{font-family:Roboto;font-style:normal;font-weight:900;src:local('Roboto Black'),local('Roboto-Black'),url(https://fonts.gstatic.com/s/roboto/v20/KFOlCnqEu92Fr1MmYUtfBBc9.ttf) format('truetype')} html{font-family:sans-serif;-webkit-text-size-adjust:100%;-ms-text-size-adjust:100%}body{margin:0}a{background-color:transparent}a:active,a:hover{outline:0}h1{margin:.67em 0;font-size:2em}/*! 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Kansas City Southern shareholders would receive $200 in cash and 1.059 shares of CN common stock for each share. Kansas City Southern shareholders would receive $200 in cash and 1.059 shares of CN common stock for each share. Kansas City Southern is expected to ditch its merger agreement with Canadian Pacific Railway Ltd. in favor of a competing proposal from Canadian National Railway Co., … CN said its offer is worth $325 per Kansas City Southern share. Canadian Pacific's latest attempt to expand its U.S. business comes after it dropped a hostile $28.4 billion bid for Norfolk Southern Corp in April 2016. The merger should diversify business mix and geographic exposure. Canadian Pacific slammed a bid by rival CN to acquire Kansas City Southern (), describing CN’s proposal as “massively complex and likely to fail” because it decreases competition and raises antitrust concerns, according to CP.. On Tuesday, CN offered to acquire KCS in a cash-and-stock transaction valued at $33.7 billion. Canadian Pacific's merger … CALGARY, Alberta — Canadian Pacific’s proposed acquisition of Kansas City Southern will unite the two smallest Class I railroads and create the only North American system that will operate in the U.S., Canada, and Mexico. Kansas City Southern Board Determines Canadian National Railway Proposal Continues to be Superior to Canadian Pacific Railway Merger Agreement May 21, 2021 CN to Combine with Kansas City Southern Kansas City Southern Terminates Canadian Pacific Railway Merger Agreement and Enters Into Merger Agreement with Canadian National Railway. Kansas City Southern (KSU +0.7%) formally announces that it has terminated its merger agreement with Canadian Pacific Railway (CP +0.7%) and struck a deal with Canadian … In contrast, Canadian Pacific‘s current offer values Kansas City Southern at … In March, Kansas City Southern had agreed to be acquired by Canadian Pacific (CP) in a deal valued at $25 billion, but then received a $33.7 billion buyout bid from Canadian National in April. Kansas City Southern (KSU.N) on Friday reiterated that Canadian National Railway's (CNR.TO) offer was "superior" after Canadian Pacific Railway (CP.TO) refused to … Kansas City Southern shareholders would receive $200 in cash and 1.059 shares of CN common stock for each share. Canadian Pacific Kansas City (CPKC) will generate ~50% of sales from Canada, ~30% from the U.S., and the remaining from Mexico. 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