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Kansas City Southern in talks on dueling rail takeover bids


Kansas City Southern in talks on dueling rail takeover bids
JOSH FUNK, AP Business Writer
April 26, 2021
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FILE - In this Nov. 5, 2004 file photo, the logo of Kansas City Southern is down on a restored 1954 Kansas City Southern passenger locomotive at Union Station in Kansas City, Mo. A bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway. The bid trumps a $25 billion cash-and-stock proposal made by Canadian Pacific last month. Shares of Kansas City Southern jumped more than 18% in Tuesday, April 20, 2021 premarket trading.(Norman Ng/The Kansas City Star via AP)Norman Ng/AP ....

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CN makes $33.7B bid for Kansas City Southern


CN bids $33.7B for Kansas City Southern, tops $25B proposal
MICHELLE CHAPMAN, AP Business Writer
April 20, 2021
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1of3FILE - In this Nov. 5, 2004 file photo, the logo of Kansas City Southern is down on a restored 1954 Kansas City Southern passenger locomotive at Union Station in Kansas City, Mo. A bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway. The bid trumps a $25 billion cash-and-stock proposal made by Canadian Pacific last month. Shares of Kansas City Southern jumped more than 18% in Tuesday, April 20, 2021 premarket trading.(Norman Ng/The Kansas City Star via AP)Norman Ng/APShow MoreShow Less ....

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