Missouri

Kansas City Southern Board of Directors Determines Proposal From Canadian Pacific Railway Could Reasonably Be Expected to Lead to a “Superior Proposal”

Retrieved on: 
Saturday, September 4, 2021
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In addition, KCS notes that there can be no assurance that the discussions with CP will result in a transaction.

Key Points: 
  • In addition, KCS notes that there can be no assurance that the discussions with CP will result in a transaction.
  • BofA Securities and Morgan Stanley & Co. LLC are serving as financial advisors to Kansas City Southern.
  • Wachtell, Lipton, Rosen & Katz, Baker & Miller PLLC, Davies Ward Phillips & Vineberg LLP, WilmerHale, and White & Case, S.C. are serving as legal counsel to Kansas City Southern.
  • Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama.

Kansas City Southern Adjourns Special Meeting of Stockholders until September 24, 2021

Retrieved on: 
Friday, September 3, 2021
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Kansas City Southern (NYSE: KSU) (KCS) today announced that it has adjourned the Special Meeting of Stockholders (the Special Meeting) for KCS stockholders to vote on the previously announced definitive merger agreement with CN (TSX: CNR, NYSE: CNI) and other proposals until 9:00 a.m., Central Time, on September 24, 2021.

Key Points: 
  • Kansas City Southern (NYSE: KSU) (KCS) today announced that it has adjourned the Special Meeting of Stockholders (the Special Meeting) for KCS stockholders to vote on the previously announced definitive merger agreement with CN (TSX: CNR, NYSE: CNI) and other proposals until 9:00 a.m., Central Time, on September 24, 2021.
  • All stockholders of record of KCS common stock and KCS 4% non-cumulative preferred stock as of the close of business on July 1, 2021 remain entitled to vote their shares at the Special Meeting.
  • Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama.
  • These documents (if and when available) may be obtained free of charge from the SECs website at www.sec.gov and from www.sedar.com , as applicable.

Logan University Introduces Master of Science in Strength & Conditioning

Retrieved on: 
Wednesday, September 1, 2021
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With a science-based, evidence-informed curriculum, Logan University will launch a Master of Science in Strength & Conditioning to its award-winning lineup of degree programs, beginning summer 2022.

Key Points: 
  • With a science-based, evidence-informed curriculum, Logan University will launch a Master of Science in Strength & Conditioning to its award-winning lineup of degree programs, beginning summer 2022.
  • "As an established chiropractic and health sciences university paving the way for collaborative, holistic, integrated care, we're proud to offer innovative, in-demand programs such as the new Master of Science in Strength and Conditioning," said Logan University President Clay McDonald, DC ('82), MBA, JD.
  • Upon graduation from this one-year, online program, students will be prepared to sit for the NSCA Certified Strength & Conditioning Specialist (CSCS) examthe gold standard in athletic performance.
  • "We're working alongside experienced, highly respected coaches in athletic performance, including Dr. Pat Ivey, Scott Bird and Dr. Bryan Mann, to develop our curriculum," said Brittany Ramirez, DC ('15), MS ('18), LAT, ATC, CCSP, program director of Logan's Master of Science in Strength & Conditioning as well as Master of Science in Sports Science & Rehabilitation and team chiropractor for Mizzou Athletics.

Kansas City Southern Confirms Receipt of Unsolicited Proposal From Canadian Pacific Railway

Retrieved on: 
Wednesday, September 1, 2021
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Kansas City Southern (NYSE: KSU) (KCS) today announced that it has received an unsolicited proposal from Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") reaffirming its interest in acquiring KCS.

Key Points: 
  • Kansas City Southern (NYSE: KSU) (KCS) today announced that it has received an unsolicited proposal from Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") reaffirming its interest in acquiring KCS.
  • BofA Securities and Morgan Stanley & Co. LLC are serving as financial advisors to Kansas City Southern.
  • Wachtell, Lipton, Rosen & Katz, Baker & Miller PLLC, Davies Ward Phillips & Vineberg LLP, WilmerHale, and White & Case, S.C. are serving as legal counsel to Kansas City Southern.
  • Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama.

KCS Comments on Surface Transportation Board Decision Regarding Voting Trust For Combination With CN

Retrieved on: 
Wednesday, September 1, 2021
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Kansas City Southern (NYSE: KSU) (KCS) today issued the following statement in response to the Surface Transportation Boards ("STB") decision to deny the use of a voting trust in connection with the definitive merger agreement between CN (TSX: CNR, NYSE: CNI) and KCS:

Key Points: 
  • Kansas City Southern (NYSE: KSU) (KCS) today issued the following statement in response to the Surface Transportation Boards ("STB") decision to deny the use of a voting trust in connection with the definitive merger agreement between CN (TSX: CNR, NYSE: CNI) and KCS:
    We are disappointed in the STBs decision to reject CNs proposed voting trust.
  • KCS intends to adjourn the Special Meeting of Stockholders (the Special Meeting) for KCS stockholders to vote on the previously announced definitive merger agreement with CN and other proposals.
  • The Special Meeting is currently scheduled to take place at 9:00 a.m., Central Time, on September 3, 2021.
  • Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama.

CN Issues Statement in Response to Surface Transportation Board Decision

Retrieved on: 
Wednesday, September 1, 2021
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MONTREAL, Aug. 31, 2021 (GLOBE NEWSWIRE) -- CN (TSX: CNR, NYSE: CNI) today issued the following statement in response to the recent decision by the Surface Transportation Board (STB) in relation to CNs proposed combination with Kansas City Southern (NYSE: KSU) (KCS):

Key Points: 
  • MONTREAL, Aug. 31, 2021 (GLOBE NEWSWIRE) -- CN (TSX: CNR, NYSE: CNI) today issued the following statement in response to the recent decision by the Surface Transportation Board (STB) in relation to CNs proposed combination with Kansas City Southern (NYSE: KSU) (KCS):
    We are disappointed in the STBs decision regarding the joint voting trust application filed by CN and KCS.
  • We are evaluating the options available to us in light of the STBs decision.
  • CN is a world-class transportation leader and trade-enabler.
  • In the event CN does update any forward-looking statement, no inference should be made that CN will make additional updates with respect to that statement, related matters, or any other forward-looking statement.

Kansas City Southern Adjourns Special Meeting Of Stockholders Until September 3, 2021

Retrieved on: 
Thursday, August 19, 2021
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Kansas City Southern (NYSE: KSU) (KCS) today announced that it has convened and adjourned the Special Meeting of Stockholders (the Special Meeting) for KCS stockholders to vote on the previously announced definitive merger agreement with CN (TSX: CNR, NYSE: CNI) and other proposals until 9:00 a.m., Central Time, on September 3, 2021.

Key Points: 
  • Kansas City Southern (NYSE: KSU) (KCS) today announced that it has convened and adjourned the Special Meeting of Stockholders (the Special Meeting) for KCS stockholders to vote on the previously announced definitive merger agreement with CN (TSX: CNR, NYSE: CNI) and other proposals until 9:00 a.m., Central Time, on September 3, 2021.
  • All stockholders of record of KCS common stock and KCS 4% non-cumulative preferred stock as of the close of business on July 1, 2021 will be entitled to vote their shares at the Special Meeting.
  • Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama.
  • Where applicable, figures are based on the CN closing share price on the NYSE of $110.76 as of May 12, 2021.

CN’s JJ Ruest and KCS’ Pat Ottensmeyer to Address the Deutsche Bank Virtual Transportation Conference on August 17

Retrieved on: 
Friday, August 13, 2021
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Mr. Ruest and Mr. Ottensmeyer will deliver opening remarks followed by a fireside chat.

Key Points: 
  • Mr. Ruest and Mr. Ottensmeyer will deliver opening remarks followed by a fireside chat.
  • CN and KCS will provide a live webcast (Passcode: transpo21) via the Investors section of their websites at www.cn.ca/investors and investors.kcsouthern.com .
  • For more information about CNs pro-competitive combination with KCS, please visit www.ConnectedContinent.com .
  • Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama.

CN’s JJ Ruest and KCS’ Pat Ottensmeyer to Address the Deutsche Bank Virtual Transportation Conference on August 17

Retrieved on: 
Friday, August 13, 2021
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JJ Ruest, President and Chief Executive Officer of CN (TSX: CNR) (NYSE: CNI) and Patrick J. Ottensmeyer, President and Chief Executive Officer of Kansas City Southern (KCS) (NYSE: KSU) will address the Deutsche Bank Virtual Transportation Conference on Tuesday, August 17, 2021 at 12:00 p.m. Eastern Time (ET).

Key Points: 
  • JJ Ruest, President and Chief Executive Officer of CN (TSX: CNR) (NYSE: CNI) and Patrick J. Ottensmeyer, President and Chief Executive Officer of Kansas City Southern (KCS) (NYSE: KSU) will address the Deutsche Bank Virtual Transportation Conference on Tuesday, August 17, 2021 at 12:00 p.m. Eastern Time (ET).
  • Mr. Ruest and Mr. Ottensmeyer will deliver opening remarks followed by a fireside chat.
  • CN and KCS will provide a live webcast (Passcode: transpo21) via the Investors section of their websites at www.cn.ca/investors and investors.kcsouthern.com .
  • For more information about CNs pro-competitive combination with KCS, please visit www.ConnectedContinent.com .

CN Reaffirms Commitment to Pro-Competitive Combination With KCS

Retrieved on: 
Friday, August 13, 2021
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MONTREAL, Aug. 12, 2021 (GLOBE NEWSWIRE) -- CN (TSX: CNR, NYSE: CNI) today reaffirmed its commitment to its pro-competitive combination with Kansas City Southern (NYSE: KSU) (“KCS”).

Key Points: 
  • MONTREAL, Aug. 12, 2021 (GLOBE NEWSWIRE) -- CN (TSX: CNR, NYSE: CNI) today reaffirmed its commitment to its pro-competitive combination with Kansas City Southern (NYSE: KSU) (KCS).
  • We are pleased that the KCS board of directors has reiterated that the agreed transaction with CN is superior and recommends that stockholders vote FOR our pro-competitive combination.
  • We look forward to continuing to work with KCS to deliver this compelling combination to both companies stakeholders.
  • CN and KCS joint voting trust application is currently under review by the Surface Transportation Board (STB).