Canadian Pacific to buy Kansas City Southern for $25 billion: FT
(Reuters) – Canadian Pacific Railway Ltd has agreed to buy Kansas City Southern for $25 billion, the Financial Times said on Saturday, citing people with knowledge of the matter. Canadian Pacific’s cash and stock offer values Kansas City Southern at $275 per share, the report on.ft.com/3c7f0Z2 said, a 23% premium over Friday’s close. The deal comes amid expectations of a […]
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