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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Kansas City Southern | NYSE:KSU | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 293.59 | 0 | 01:00:00 |
By Adriano Marchese
Kansas City Southern said Friday that nearly all its voting shareholders have approved the merger with Canadian Pacific Railway Ltd.
The railroad said 99.6% of the 64.5 million votes cast at the company's special meeting of stockholders were in favor of the agreement.
Under the agreement, KCS stockholders will receive $90 in cash and 2.884 CP shares for each of their KCS shares and $37.50 in cash for each preferred share held.
The transaction is expected to close Tuesday.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
December 10, 2021 11:07 ET (16:07 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Kansas City Southern Chart |
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