Kansas city southern recommends shareholders reject trc capital's mini-tender offer

Kansas city, mo.--(business wire)--kansas city southern (nyse: ksu) (“kcs”) received notice of an unsolicited mini-tender offer by trc capital investment corporation ("trc capital") to purchase up to 500,000 shares, or approximately 0.55 percent, of kcs's outstanding common stock at a price of $285.00 per share in cash. as trc capital's own offer document acknowledges, the offering price is approximately 2.47 percent below the closing price per share of kcs on april 30, 2021, the last trading d
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