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CP remains in the driver’s seat for acquiring KCS

Following a September 12 announcement by Class I railroad carrier Kansas City Southern (KCS), which stated that Board of Directors has indicated that the revised offer submitted by CP is a “Company Superior Proposal,” it appears that the respective pursuits of KCS by CP and its Class I Canadian counterpart Canadian National have come to a stop on the tracks, with CP leading the pack.
Source: logistics Mgmt

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