YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Kansas City Southern has started talks with Canadian National Railway Co. after the company offered $33.7 billion for the company.
The offer comes after Canadian Pacific Railway Ltd. entered a $29 billion purchase agreement with KC Southern.
The agreement with Canadian Pacific forbid KC Southern from seeking out another suitor. However, it does not prohibit exploration talks that could lead to a "superior proposal."
Read more from the Kansas City Business Journal.
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