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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (105424)4/19/2021 5:56:18 PM
From: Goose94Respond to of 203382
 
Canadian National Railway (CNR-T) new 52 week high, $149.44



To: Goose94 who wrote (105424)4/20/2021 9:12:36 AM
From: Goose94Read Replies (1) | Respond to of 203382
 
Canadian National Railway (CNR-T) An Elephant vs. Mouse CP Rail (CP-T)

Canadian National Railway is ready to go toe-to-toe with Canadian Pacific Railway over Kansas City Southern. It unveiled a US$325/share cash-and-stock offer for KCS this morning, with its chair describing the move as being “far superior” to CP’s friendly US$275/share deal. Opens the door to bunch of questions: how far are the two giant Canadian rail companies prepared to go in a bidding war? How will Kansas City Southern management respond? What’ll top shareholders from the three companies have to say? What’s the strategic fit for CN? We’ll watch for developments and chase reaction. CN didn’t immediately respond to our request for comment.

BNN.ca