Apropos for #TBT, we take a quick look at the end of an era and a BIG MONEY offer accepted . . . Read more from a presser without a paywall at the end of the line:
Kansas City Southern Receives Revised Proposal from Canadian National Railway That Board of Directors Determines is a "Company Superior Proposal"
KANSAS CITY, Mo.--()--Kansas City Southern (NYSE: KSU) ("KCS") today announced receipt of a revised acquisition proposal from Canadian National Railway Company (TSX: CNR, NYSE: CNI) ("CN"). Under the terms of CN's revised proposal, each share of KCS common stock would be exchanged for $200 in cash and 1.129 shares of CN common stock.