Kansas city southern terminates canadian national railway merger agreement and is entering into merger agreement with canadian pacific railway

Kansas city, mo.--(business wire)--kansas city southern (nyse: ksu) (“kcs”) today announced that the company's board of directors, in consultation with its financial and legal advisors, has unanimously determined that the acquisition proposal kcs received from canadian pacific railway limited (tsx: cp, nyse: cp) (“cp”) on september 12, 2021 continues to constitute a “company superior proposal” under kcs's pending merger agreement with canadian national railway company (tsx: cnr, nyse: cni) (“cn
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