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KSU News Highlights
- KSU's 30 day story count now stands at 74.
- Over the past 27 days, the trend for KSU's stories per day has been choppy and unclear. It has oscillated between 1 and 19.
- The most mentioned tickers in articles about KSU are CP, MO and RAIL.
Latest KSU News From Around the Web
Below are the latest news stories about Kansas City Southern that investors may wish to consider to help them evaluate KSU as an investment opportunity.
Canadian Pacific's Megadeal for Kansas City Southern Is Done... Sorta
The yearlong saga by Kansas City Southern (NYSE: KSU) to find a buyer came to an end on Dec. 14, when Canadian Pacific Railway (NYSE: CP) completed its deal to acquire Kansas City stock for $31 billion. Kansas City Southern shareholders received $90 in cash and 2.884 Canadian Pacific shares for each share they held. Rather, the operations will roll into a special voting trust that's required to be arm's length from Canadian Pacific while regulators decide if a merger should be allowed. The convoluted trust structure is awkward, at best, and could lead to some real issues for Canadian Pacific through the end of 2022.
Canadian Pacific and Kansas City Southern Close Into Voting Trust
KANSAS CITY, Mo., December 14, 2021--Kansas City Southern (NYSE: KSU) ("KCS") today announced the completion of its sale to Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) ("CP"). The transaction represents an enterprise value of approximately USD$31 billion. KCS stockholders will receive 2.884 CP common shares and $90 in cash for each share of KCS common stock held and $37.50 in cash for each share of KCS preferred stock held.
Kansas City Southern Receives Leadership Level Score from CDP
KANSAS CITY, Mo., December 13, 2021--Kansas City Southern (KCS) (NYSE: KSU) announced today that the company has been notified that our CDP climate change disclosure, submitted earlier this year, earned a score of A- for 2021. This is an improvement from KCS’ 2020 score and moves KCS to the "Leadership Level" category of participating companies. CDP disclosures are submitted by corporations around the globe to measure their actions to cut emissions and mitigate climate change risks.
Sirios Long Buys London Stock Exchange Group PLC, Constellation Brands Inc, PACCAR Inc, Sells ...
Investment company Sirios Long (Current Portfolio) buys London Stock Exchange Group PLC, Constellation Brands Inc, PACCAR Inc, Williams-Sonoma Inc, Papa John's International Inc, sells Kansas City Southern, IHS Markit, Alcon Inc, Nike Inc, UniFirst Corp during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Sirios Long.
Sirios Focus Fund Series Buys London Stock Exchange Group PLC, Constellation Brands Inc, PACCAR ...
Investment company Sirios Focus Fund Series (Current Portfolio) buys London Stock Exchange Group PLC, Constellation Brands Inc, PACCAR Inc, Williams-Sonoma Inc, Papa John's International Inc, sells Kansas City Southern, IHS Markit, Alcon Inc, Nike Inc, UniFirst Corp during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Sirios Focus Fund Series.
Kansas City Southern shareholders vote in favour of CP Rail takeover
The approval by Kansas City Southern shareholders follows a thumbs-up from Mexican regulators last month and from CP shareholders on Thursday.
K.C. Southern shareholders approve takeover by CP Rail - BNN Bloomberg
The majority of Kansas City Southern shareholders have voted in favour of Canadian Pacific Railway Ltd.s US$31-billion deal to buy the rail operator.
Kansas City Southern Stockholders Approve Merger With CP
KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (NYSE: KSU) (KCS) announced that the Companys stockholders have voted to approve the previously announced combination with Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) (CP) at todays virtual Special Meeting of Stockholders (Special Meeting). Of the 64.5 million shares voting at the Special Meeting, approximately 99.6% were cast in favor of the adoption of the proposed merger agreement. The transaction is expected to close
Kansas City Southern (NYSE: KSU) Thursday’s Performance: Up 35.43% From The Lows, Now What?
Kansas City Southern (NYSE:KSU)’s traded shares stood at 1.52 million during the latest session, with the company’s beta value hitting 1.11. At the last check today, the stock’s price was $295.26, to imply a decrease of -0.63% or -$1.87 in intraday trading. The KSU share’s 52-week high remains $315.39, putting it -6.82% down since that … Kansas City Southern (NYSE: KSU) Thursday’s Performance: Up 35.43% From The Lows, Now What? Read More »
Kansas City Southern shareholders say 'I do, too' to Canadian Pacific purchase offer
With successful votes by stockholders of both railroads, a sale will close next week. On Friday, KC Southern shareholders overwhelmingly voted to approve the sale, clearing the way to close the $31 billion deal.