Kansas City Southern believes CP proposal is expected to lead to a ‘superior proposal’

PRESS RELEASE 
Kansas City Southern Board of Directors Determines Proposal From Canadian Pacific Railway Could Reasonably Be Expected to Lead to a “Superior Proposal”
Kansas City Southern to Begin Discussions with Canadian Pacific Railway

September 04, 2021 11:20 AM Eastern Daylight Time

KANSAS CITY, Mo.–(BUSINESS WIRE)–Kansas City Southern (NYSE: KSU) (“KCS”) today announced that its Board of Directors has unanimously determined, after consultation with the Company’s outside legal and financial advisors, that the unsolicited …

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Source: The Loadstar

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