As of , the U.S.-based Kansas City Southern Railway owned around 957 locomotives and had a total of 17,110 freight cars.
How much is Kansas City Southern worth?
Market cap: $26.71 Billion As of February 2022 Kansas City Southern has a market cap of $26.71 Billion. This makes Kansas City Southern the world's 732th most valuable company by market cap according to our data.
What will happen to Kansas City Southern stock?
The transaction is expected to close on Tuesday, . KCS stockholders will receive $90 in cash and 2.884 CP shares for each KCS common share held and $37.50 in cash for each KCS preferred share held.
Is CP buying KCS?
Canadian Pacific and Kansas City Southern Close Into Voting Trust. Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) (“CP”) today announced the completion of its acquisition of Kansas City Southern (NYSE: KSU) (“KCS”). The transaction represents an enterprise value of approximately US$31 billion.Canadian Pacific and Kansas City Southern Close Into Voting TrustVoting TrustA voting trust is an arrangement whereby the shares in a company of one or more shareholders and the voting rights attached thereto are legally transferred to a trustee, usually for a specified period of time (the "trust period").https://en.wikipedia.org › wiki › Voting_trustVoting trust - Wikipedia. Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) (“CP”) today announced the completion of its acquisition of Kansas City Southern (NYSE: KSU) (“KCS”). The transaction represents an enterprise value of approximately US$31 billion.
Did CP and KCS merge?
CP and KCS entered into the historic US$31-billion merger on , which will create the first single-line rail network linking the United States, Mexico and Canada.Dec 8, 2021
How much did CP pay for KCS?
Canadian Pacific closes US$31-billion Kansas City Southern acquisition deal. Canadian Pacific Railway Ltd. has completed its acquisition of Kansas City Southern, paving the way for North America's only railroad that stretches across all three countries.
Who did KCS merger with?
As previously announced on , CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately $31 billion, which includes the assumption of $3.8 billion of outstanding KCS debt.Dec 8, 2021
Did the KCS get bought out?
Sept 15 (Reuters) - Canadian Pacific Railway Ltd (CP.TO) inked a $27.2 billion cash-and-stock deal to buy Kansas City Southern (KSU. N) on Wednesday after Canadian National Railway Co (CNR.TO) conceded it could not save its own $29.6-billion deal for the U.S. railway.
Who purchased KCS?
Canadian Pacific Railway Ltd.
Will KSU stock go up?
Will Kansas City Southern stock price grow / rise / go up? Yes. The KSU stock price can go up from 293.590 USD to 358.481 USD in one year.
What is going on with Kansas City Southern stock?
KANSAS CITY, Mo., . KCS stockholders will receive $90 in cash and 2.884 CP shares for each KCS common share held and $37.50 in cash for each KCS preferred share held.
What happened to my KSU stock?
The yearlong saga by Kansas City Southern (NYSE:KSU) to find a buyer came to an end on Dec. 14, when Canadian Pacific Railway (NYSE:CP) completed its deal to acquire Kansas City stock for $31 billion. As a result, Kansas City Southern no longer trades on the New York Stock Exchange.