Kansas city southern confirms receipt of unsolicited proposal from canadian national railway

Kansas city, mo.--(business wire)--kansas city southern (nyse: ksu) (“kcs”) today announced that it has received an unsolicited proposal from canadian national railway (tsx: cnr, nyse: cni) (“cn”) to acquire kcs in a cash and stock transaction valued by cn at $325 per kcs share. on march 21, 2021, kcs announced that it had entered into a merger agreement with canadian pacific railway limited (tsx: cp, nyse: cp) (“cp”), pursuant to which cp agreed to acquire kcs in a stock and cash transaction v
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