Canadian Pacific to acquire Kansas City Southern in $25 billion railroad merger that spans across the entire North American continent
By Frank in Business
Updated 3 years ago
Canadian Pacific Railway has agreed to acquire Kansas City Southern for $25 billion. The merger will create the first-ever rail network that spans across Canada, the United States, and Mexico. Shareholders of Kansas City Southern are set to receive $90 in cash and 0.489 shares of Canadian Pacific Railway. See...