Canadian Pacific asks Kansas City shareholders to reject Canadian National deal

Reuters2021-07-30

July 29 (Reuters) - Canadian Pacific Railway Ltd on Thursday asked Kansas City Southern shareholders to vote against a deal with Canadian National Railway Co at a meeting next month. Kansas City ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Haw75
2021-07-30
Haw75
Like latest
solistice
2021-07-30
solistice
[Duh]
Ckee
2021-07-30
Ckee
Oops

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2155218700?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-30 08:49","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2155218700","market":"us","top_or_hot":-1,"title":"Canadian Pacific asks Kansas City shareholders to reject Canadian National deal","media":"Reuters","content":"<div>\n<p>July 29 (Reuters) - Canadian Pacific Railway Ltd on Thursday asked Kansas City Southern shareholders to vote against a deal with Canadian National Railway Co at a meeting next month.\nKansas City ...</p>\n\n<a href=\"https://finance.yahoo.com/news/canadian-pacific-asks-kansas-city-004902130.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Canadian Pacific asks Kansas City shareholders to reject Canadian National deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCanadian Pacific asks Kansas City shareholders to reject Canadian National deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/canadian-pacific-asks-kansas-city-004902130.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 29 (Reuters) - Canadian Pacific Railway Ltd on Thursday asked Kansas City Southern shareholders to vote against a deal with Canadian National Railway Co at a meeting next month.\nKansas City ...</p>\n\n<a href=\"https://finance.yahoo.com/news/canadian-pacific-asks-kansas-city-004902130.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CP","symbol_name":"加拿大太平洋铁路","start_time":0,"source_url":"https://finance.yahoo.com/news/canadian-pacific-asks-kansas-city-004902130.html","article_id":"2155218700","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2155218700","pubTimestamp":1627606142,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"July 29 (Reuters) - Canadian Pacific Railway Ltd on Thursday asked Kansas City Southern shareholders","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CP":"加拿大太平洋铁路","CHCO":"City Holding Company","KSU":"堪萨斯南方铁路"},"translate_title":"加拿大太平洋要求堪萨斯城股东拒绝加拿大国家交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHCO":0.9,"CP":0.9,"KSU":0.9},"content_text":"July 29 (Reuters) - Canadian Pacific Railway Ltd on Thursday asked Kansas City Southern shareholders to vote against a deal with Canadian National Railway Co at a meeting next month.\nKansas City shareholders should reject Canadian National's $33.6 billion bid as there are regulatory risks involved, Canadian Pacific said in a regulatory filing, adding that the proposed acquisition can be decided later.\nThe terms of Canadian National's deal would bind Kansas City shareholders with the merger agreement until next year, \"instead of being free to pursue other opportunities that may be in the best interests of KCS stockholders,\" Canadian Pacific Railway said.\nCanadian Pacific and larger rival Canadian National were in the race to take over the U.S. railroad operator that would create the first direct railway linking Canada, the United States, and Mexico.\nIn May, Kansas City accepted Canadian National's acquisition offer, upending a prior $29 billion deal with Canadian Pacific.\nKansas City and Canadian National did not immediately respond to Reuters requests for comment outside regular business hours.\nIn May, the U.S. Department of Justice said Canadian National's bid for Kansas City appears to pose greater risks to competition. (Reporting by Akriti Sharma in Bengaluru; Editing by Subhranshu Sahu)","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":808475788,"gmtCreate":1627608403644,"gmtModify":1703493247559,"author":{"id":"3580379447244817","authorId":"3580379447244817","authorIdStr":"3580379447244817","name":"Haw75","avatar":"https://static.tigerbbs.com/b8a435feb2331b895463eca3c73cdb3f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580379447244817"},"htmlText":"Like latest&nbsp;","listText":"Like latest&nbsp;","text":"Like latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808475788","repostId":2155218700,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":808458422,"gmtCreate":1627607531966,"gmtModify":1703493213235,"author":{"id":"3581975465166790","authorId":"3581975465166790","authorIdStr":"3581975465166790","name":"solistice","avatar":"https://static.tigerbbs.com/b68fc3d7f4ff9a11f25ea994af17387a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581975465166790"},"htmlText":"[Duh]&nbsp;","listText":"[Duh]&nbsp;","text":"[Duh]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808458422","repostId":2155218700,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":808422359,"gmtCreate":1627607099471,"gmtModify":1703493203393,"author":{"id":"3579468869888881","authorId":"3579468869888881","authorIdStr":"3579468869888881","name":"Ckee","avatar":"https://static.tigerbbs.com/59c83eb3fca0be8276df2d1f268e7e7e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3579468869888881"},"htmlText":"Oops&nbsp;","listText":"Oops&nbsp;","text":"Oops","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808422359","repostId":2155218700,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":45,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.3","shortVersion":"4.28.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2155218700"}