Kansas City Southern to terminate merger agreement with Canadian National

PRESS RELEASE 
Kansas City Southern Receives Revised Proposal from Canadian Pacific That Board of Directors Determines is a “Company Superior Proposal”

KANSAS CITY, Mo.–(BUSINESS WIRE)– Kansas City Southern (NYSE: KSU) (“KCS”) today announced that the KCS Board of Directors determined that CP’s revised proposal constitutes a “Company Superior Proposal” as defined in KCS’s merger agreement with Canadian National Railway Company (TSX: CNR, NYSE: CNI) (“CN”). The KCS Board of Directors made this …

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Source: The Loadstar

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