CP to Buy KCS
- MrAnderson
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Re: CP to Buy KCS
KCS accepted Canadian National’s $33.6 billion bid
https://www.trains.com/trn/news-reviews ... ger-offer/
https://www.trains.com/trn/news-reviews ... ger-offer/
Re: CP to Buy KCS
Grumble GrumbleMrAnderson wrote: ↑Thu May 13, 2021 7:42 pmKCS accepted Canadian National’s $33.6 billion bid
https://www.trains.com/trn/news-reviews ... ger-offer/
Ironically bad at Small Talk
Re: CP to Buy KCS
So that probably means I could start seeing KCS colors around my house in the next 5 years if this goes through. That's awesome, it's one of my top 5 all time favorite liveries.
- trainjunkie47
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Re: CP to Buy KCS
So when is BNSF going to take over both CP and FXE?
- redcrumbox
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Re: CP to Buy KCS
CN or CP will again be offering passenger service if either deal is approved.
Old EMD’s are the gift that keeps on giving.
Re: CP to Buy KCS
Huh?redcrumbox wrote: ↑Tue May 18, 2021 11:15 pmCN or CP will again be offering passenger service if either deal is approved.
- AARR
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Re: CP to Buy KCS
Redcrumbbox is joking.
kd_1014 wrote: ↑Wed May 19, 2021 10:41 amHuh?redcrumbox wrote: ↑Tue May 18, 2021 11:15 pmCN or CP will again be offering passenger service if either deal is approved.
PatC created a monster, 'cause nobody wants to see Don Simon no more they want AARR I'm chopped liver, well if you want AARR this is what I'll give ya, bad humor mixed with irrelevant info that'll make you roll your eyes quicker than a ~Z~ banhammer...
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Re: CP to Buy KCS
Well look at this!!!! KCS wants the "Bigger Ca$h" of CN's offer! WOW!!!! THE BIGGEST CN!!!! OK, it still has to be approved by the STB! Will CN really keep it a separate railroad? Or will there be "Southern Belle" locos repainted into "CN" paint and "KCS" sub-lettering! Gosh I hope not! We shall see!!!!
CNBC Article: https://www.cnbc.com/2021/05/21/kansas- ... ZnFCGJvCIg
CNBC Article: https://www.cnbc.com/2021/05/21/kansas- ... ZnFCGJvCIg
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http://cooltrains.rrpicturearchives.net/
- trainjunkie47
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Re: CP to Buy KCS
CN will have to decide which line, theirs, or the KCS line, that they plan on selling off, between Baton Rouge and New Orleans. There should be little trouble spinning either line off to another railroad. But I can't see CN keeping KCS a separate entity, except on paper. They won't rush the KCS power into the paint booth any faster than they have with the IC and GTW power, but it will not be kept its own unit.Robertrains wrote: ↑Fri May 21, 2021 7:44 pmit still has to be approved by the STB! Will CN really keep it a separate railroad?
Re: CP to Buy KCS
Hold off on that sale. Looks like the Feds are sticking their noses in this. It ain't over till the fat feds say so!?!?
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Re: CP to Buy KCS
CP plans new, higher bid for KCS. See link below.
https://www.foxbusiness.com/markets/can ... y-southern
https://www.foxbusiness.com/markets/can ... y-southern
- redcrumbox
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Re: CP to Buy KCS
The Panama Canal Railway currently provides both freight and passenger service.
Old EMD’s are the gift that keeps on giving.
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Re: CP to Buy KCS
https://www.foxbusiness.com/markets/kan ... an-pacific
Why would CP offer less for KCS than CN did? I mean, correct me if I'm wrong, but if two entities are trying to acquire the same company, wouldn't you want to OUTBID your opponent?
Why would CP offer less for KCS than CN did? I mean, correct me if I'm wrong, but if two entities are trying to acquire the same company, wouldn't you want to OUTBID your opponent?
- cfriedri
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Re: CP to Buy KCS
CP still thinks their merger with KCS has less regulatory risk associated with it as opposed to CN. Why pay more when the deal with CN has to the potential to fail the STB's evaluation?David Lang wrote: ↑Fri Aug 13, 2021 11:29 amhttps://www.foxbusiness.com/markets/kan ... an-pacific
Why would CP offer less for KCS than CN did? I mean, correct me if I'm wrong, but if two entities are trying to acquire the same company, wouldn't you want to OUTBID your opponent?
Connor
- ns8401
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Re: CP to Buy KCS
All this being equal they are probably right.cfriedri wrote: ↑Sun Aug 15, 2021 4:56 amCP still thinks their merger with KCS has less regulatory risk associated with it as opposed to CN. Why pay more when the deal with CN has to the potential to fail the STB's evaluation?David Lang wrote: ↑Fri Aug 13, 2021 11:29 amhttps://www.foxbusiness.com/markets/kan ... an-pacific
Why would CP offer less for KCS than CN did? I mean, correct me if I'm wrong, but if two entities are trying to acquire the same company, wouldn't you want to OUTBID your opponent?
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Re: CP to Buy KCS
STB has told CN foggettaboutit!! I told you the feds would stick their noses in this and have rejected Canadian Nationals bid to get KCS. This will remain messy for a while.
- MQT1223
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Re: CP to Buy KCS
Not surprised that CN was rejected. Shareholders getting greedy once someone opens their checkbook. Obviously CP is the better avenue for KCS. Less regulatory hurdles and a better system that even united would see little to no change in terms of mileage.
It still blows me away that even combined CP and KCS would still be towards the bottom in terms of size, just goes to show you how big some of these companies are.
It still blows me away that even combined CP and KCS would still be towards the bottom in terms of size, just goes to show you how big some of these companies are.
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Re: CP to Buy KCS
Don't forget that as a publicly owned company traded on the stock markets, the Board of Directors of KCS has a fiduciary duty to accept the best deal for the shareholders.
If CP wants to get a quick approval, then they better get their offer up where CN had theirs.
That would make it easier for the BOD to endorse it.
As a side note, that fiduciary duty also applies to pension boards. That results sometimes in employee pension boards voting for a takeover of their company that results in many, sometimes all, employees losing their jobs.
If CP wants to get a quick approval, then they better get their offer up where CN had theirs.
That would make it easier for the BOD to endorse it.
As a side note, that fiduciary duty also applies to pension boards. That results sometimes in employee pension boards voting for a takeover of their company that results in many, sometimes all, employees losing their jobs.
- Doktor No
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Re: CP to Buy KCS
The railroad employee pension boards are an office of the Federal Government. They have no say in the manner, they just take care of the employees.
Curb Your Enthusiasm.