Wednesday, September 09, 2020

Kansas City Southern Takeover Rejected

Important biz news that our friends in local media were forced to overlooked . . . THANKS to TKC readers who sent an update our way. Read more:

Kansas City Southern rejects $20 billion takeover bid from investor group: WSJ

(Reuters) - U.S. railroad operator Kansas City Southern () has rejected a $20 billion takeover offer from an investor group, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

3 comments:

Anonymous said...

Who wants KCSI? Its a old boys railroad that lost billions by letting DST Systems leave its ownership. Loser!

Anonymous said...

Wait six months and then come back with a $10 Billion offer, and they'll jump at it!

Anonymous said...

a great kc company.