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Cn Kcs Merger Map
Anticipated to be accretive to cn’s adjusted diluted eps 1 in the first full year following cn assuming control of kcs. On may 21, 2021, cn and kcs announced that they entered into a definitive merger agreement under which kcs shareholders will receive $325 1 per common share based on cn’s may 13, 2021 offer. When the 1990s merger mania got going, neither canadian pacific nor kansas city southern was really in a condition to buy anything.
Cn, Kcs Make Final Case For Voting Trust To Federal Regulators - Trains from www.trains.com
Expected ebitda synergies approaching $1 billion. A proposed map of canadian pacific and kansas city southern’s combined network ( full size ). The september 12th acceptance of the canadian pacific’s (cp) $31 billion merger offer for the kansas city southern (kcs) initiated the kcs’ plans to terminate their merger agreement with the canadian national (cn).
This comes after both companies’ shareholders voted in favour of the move.
On may 21, 2021, cn and kcs announced that they entered into a definitive merger agreement under which kcs shareholders will receive $325 1 per common share based on cn’s may 13, 2021 offer. In april, the big news was canadian pacific’s $29 billion offer to purchase kansas city southern. Expected ebitda synergies approaching $1 billion. Cp) to divest the kcs line from kansas city, missouri, to springfield and east st.
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