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canadian-pacific-railway-limited

CP Offer for KCS Declared “Company Superior Proposal” by KCS Board

Canadian Pacific Railway Limited announced on September 12 that it has completed negotiations of a proposed merger agreement with Kansas City Southern, which the KCS Board of Directors has deemed a "Company Superior Proposal."CP stands ready to execute a definitive merger agreement to create the first U.S.-Mexico-Canada railway to enhance competition in the North American rail network."We are pleased to reach this important milestone and again pursue this once-in-a-lifetime partnership," ... [+]

CP, KCS agree to combine

Canadian Pacific Railway Limited and Kansas City Southern announced on March 21 that they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD$29 billion. Following final approval from the Surface Transportation Board, ... [+]

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