Freight

Canadian National launches US$34bn rival bid for KCS

By 2021-04-20T15:57:00

cn-merger-intermodal-train

NORTH AMERICA: Canadian National has unveiled a rival bid to acquire Kansas City Southern, insisting to investors that its offer presented to the KCS directors on April 20 would be ‘superior’ to the proposed merger between KCS and Canadian Pacific announced on March 21.

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