canadian pacific kansas city
Jun 2, 2023, 3:59 PM EDT
Canadian Pacific train derails near Chicago
A Canadian Pacific train has derailed in the Chicago area, the latest in a series of train derailments around the U.S. in recent months.
Kansas City Southern in talks on Canadian Pacific’s $31B bid
Kansas City Southern is in talks with Canadian Pacific to determine whether its $31 billion bid for the railroad is the best offer on the table after regulators rejected a key part of Canadian National’s $33.6 billion bid last week.
Kansas City Southern rejects new bid from Canadian Pacific
Kansas City Southern railroad is trying to keep its $33.6 billion merger with Canadian National on track by rejecting a competing $31 billion bid from rival Canadian Pacific earlier this week.
Kansas City Southern expected to terminate Canadian Pacific deal
Kansas City Southern is expected to ditch its merger agreement with Canadian Pacific Railway Ltd. in favor of a competing proposal from Canadian National Railway Co. according to people familiar with the matter, a dramatic turn with big implications for the shape of the U.S. rail industry.