Cn Rail Stock

• CP Rail bid superior to CN Rail deal, Kansas City Southern board rules

  As a result, the U.S. railway says it plans to terminate its deal with CN and sign a definitive agreement with CP Rail, which has made a US$31 billion offer.

  Canada

  Sep 13, 2021
  
• U.S. regulator denies CN Rail’s use of trust in deal to buy Kanas City Southern

  The U.S. Surface Transportation Board said the proposed voting trust is not consistent with the public interest standard under its merger regulations.

  Canada

  Aug 31, 2021
  
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• Kansas City Southern reaffirms support for CN bid, but may delay vote

  The Kansas City Southern board also reaffirmed its support for the CN offer despite a sweetened bid by Canadian Pacific Railway Ltd. earlier this week.

  Canada

  Aug 13, 2021
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• CP Rail hikes takeover bid for Kansas City Southern, new offer valued at US$31B

  The new bid comes ahead of a vote on Aug. 19 by Kansas City Southern shareholders on a rival offer by Canadian National Railway Co. valued at US$33.6 billion.

  Canada

  Aug 10, 2021