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Kansas City Southern Confirms Receipt of Unsolicited Proposal From Canadian Pacific Railway

September 1, 2021 Business Wire

Kansas City Southern (NYSE: KSU) (“KCS”) today announced that it has received an unsolicited proposal from Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) (“CP”) reaffirming its interest in acquiring KCS.

Canadian Pacific Sends Unsolicited Proposal to Acquire Kansas City Southern

August 11, 2021 Railfanning.org News Wire

Canadian Pacific Railway has sent an unsolicited proposal to acquire Kansas City Southern.

CN, Kansas City Southern Enter Into Merger Agreement

May 22, 2021 Railfanning.org News Wire

CN and Kansas City Southern have entered into a definitive merger agreement.

Kansas City Southern Board Determines CN Proposal to be a ‘Company Superior Proposal’

May 14, 2021 Railfanning.org News Wire

The Kansas City Southern Board of Directors has determined CN’s proposal to be a “Company Superior Proposal” and plans to terminate its announced March 21 merger agreement with Canadian Pacific Railway.

Kansas City Southern’s Board Says Canadian National’s Unsolicited Proposal Could be a ‘Company Superior Proposal’

April 25, 2021 Railfanning.org News Wire

Kansas City Southern’s Board of Directors unanimously determined that Canadian National Railway’s unsolicited proposal could reasonably be expected to lead to a “Company Superior Proposal” as defined in KCS’s merger agreement with Canadian Pacific Railway.

CN Makes Unsolicited Bid to Acquire Kansas City Southern Following CP Deal

April 21, 2021 Railfanning.org News Wire

Canadian National Railway submitted an unsolicited proposal to acquire Kansas City Southern in a cash and stock transaction valued by CN at $325 per KCS share.

Canadian Pacific to Acquire Kansas City Southern

March 22, 2021 Railfanning.org News Wire

Canadian Pacific Railway and Kansas City Southern announced their intention to merge, a move they say will create the first Canada-to-Mexico rail network.

Canadian Pacific Railway Reports Second Quarter Revenues Down 9 Percent

July 23, 2020 Railfanning.org News Wire

Canadian Pacific Railway reported second-quarter revenues of $1.79 billion, down 9 percent from a year ago.

A Brief Overview of Legislation and Regulation Leading to Positive Train Control

June 4, 2019 Special to Railfanning.org

Congress and federal authorities have expressed their interest in some level of automatic train control (ATC) for more than a century.

Former FRA Administrator: Railroads Have Made ‘Substantial Progress’ on PTC

May 2, 2019 Railfanning.org News Wire

The nation’s railroads have made significant strides implementing Positive Train Control (PTC), a former Federal Railroad Administration (FRA) administrator says.