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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Canadian Pacific Kansas City Limited | TSX:CP | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.25 | -0.22% | 111.18 | 111.13 | 111.19 | 112.57 | 111.10 | 112.00 | 425,170 | 19:35:09 |
By Stephen Nakrosis
Shares of Kansas City Southern are trading higher in Monday's after-hours session, following an exclusive report in The Wall Street Journal that said Canadian Pacific Railway Ltd. is planning a new, higher bid for the railroad operator.
At 6:12 p.m. ET, shares of Kansas City Southern were trading 5.71% higher, at $285 each. Volume at the time topped 318,000 shares.
The stock finished the day's regular session with a 0.8% loss, closing at $269.90 a share.
As reported by The Wall Street Journal, Canadian Pacific in March said it agreed to buy Kansas City Southern in a deal valued at about $25 billion. Kansas City Southern later agreed to be acquired in a deal with Canadian National Railway Co. valued at about $30 billion.
At 5:59 p.m. ET, shares of Canadian Pacific were trading 3.21% lower, at $70.37 a share.
-Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
August 09, 2021 19:01 ET (23:01 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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