Canadian Pacific and Kansas City Southern Close Into Voting Trust
Kansas City Southern (NYSE: KSU) (KCS) today announced the completion of its sale to Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) (CP). The transaction represents an enterprise value of approximately USD$31 billion. KCS stockholders will receive 2.884 CP common shares and $90 in cash for each share of KCS common stock held and $37.50 in cash for each share of KCS preferred stock
Canadian Pacific and Kansas City Southern Close Into Voting Trust
Kansas City Southern (NYSE: KSU) (KCS) today announced the completion of its sale to Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) (CP). The transaction represents an enterprise value of approximately USD$31 billion. KCS stockholders will receive 2.884 CP common shares and $90 in cash for each share of KCS common stock held and $37.50 in cash for each share of KCS preferred stock