Kansas city southern board of directors unanimously determines proposal from canadian pacific railway does not constitute a superior proposal to its agreement with cn

Kansas city, mo.--(business wire)--kansas city southern (nyse: ksu) (“kcs”) today announced that its board of directors (the “board”), following a careful and thorough review in consultation with outside financial and legal advisors, has unanimously determined that the unsolicited proposal received from canadian pacific railway limited (tsx: cp, nyse: cp) ("cp") on august 10, 2021 to acquire kcs in a cash and stock transaction does not constitute a “company superior proposal” and could not reas
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