Stephenlimmh
2021-08-13
Is railway really profitable?
Kansas City Southern sticks with CN Rail, rejects new Canadian Pacific offer
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKansas City Southern sticks with CN Rail, rejects new Canadian Pacific offer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-13 08:35 GMT+8 <a href=https://seekingalpha.com/news/3730117-kansas-city-southern-sticks-with-cn-rail-rejects-new-canadian-pacific-offer><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Kansas City Southern says its board has determined that the latest unsolicited proposal from Canadian Pacific Railway does not constitute a superior proposal, and reaffirms its support of a merger ...</p>\n\n<a href=\"https://seekingalpha.com/news/3730117-kansas-city-southern-sticks-with-cn-rail-rejects-new-canadian-pacific-offer\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CNI":"加拿大国家铁路","KSU":"堪萨斯南方铁路","CP":"加拿大太平洋铁路"},"source_url":"https://seekingalpha.com/news/3730117-kansas-city-southern-sticks-with-cn-rail-rejects-new-canadian-pacific-offer","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142689390","content_text":"Kansas City Southern says its board has determined that the latest unsolicited proposal from Canadian Pacific Railway does not constitute a superior proposal, and reaffirms its support of a merger with Canadian National Railway.\nThe company says it will wait for the U.S. Surface Transportation Board to make a ruling on the deal before a shareholder vote.\nEarlier this week, CP submitted a new $300/share offer that values KC Southern at $31B.\nUnder the terms of the Canadian National deal, KC Southern shareholders would receive $200 in cash and 1.129 CN common shares for each KSU common share.\nThe consensus view points to alikely rejection of the KSU-CNI deal by the STB.","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":26,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/894872798"}
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