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Canadian National Railway Company (CNI) Q2 2021 Earnings Call Transcript
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Duel pour KCS | Le CP refuse une guerre des enchères avec le CN
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CAE Inc (CAE) Q4 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
CAE Inc (NYSE: CAE)
Operator
Good day, ladies and gentlemen, welcome to the CAE Fourth Quarter Conference Call. Please be advised that this call is being recorded.
I would now like to turn the meeting over to Mr. Andrew Arnovitz. Please go ahead.SPONSORED:
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Monday s analyst upgrades and downgrades - The Globe and Mail
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(Reuters) -Wall Street is expecting Canadian Pacific to raise its offer for Kansas City Southern even at the cost of more debt to win the bidding war with larger Canadian railroad rival Canadian National.
FILE PHOTO: A wagon of a freight train of the Kansas City Southern (KCS) Railway Company is pictured in Toluca, Mexico October 1, 2018. REUTERS/Edgard Garrido/File Photo
In the latest twist to the takeover saga, the U.S. railroad operator on Thursday accepted Canadian National’s $33.6 billion offer, leaving Canadian Pacific just five business days to make a new offer.
Analysts said Canadian Pacific was unlikely to let go a chance to be the first railway spanning the United States, Mexico and Canada easily even though it had said it would not leverage its books to outbid Canadian National.