WSJ: Kansas City Southern rejects $20 billion takeover offer

(Source: Nasdaq.com, September 10, 2020)

NEW YORK — According to a report published in The Wall Street Journal, Kansas City Southern has rejected a takeover offer from a group of investors. The offer from Global Infrastructure Partners and the infrastructure arm of Blackstone was reportedly valued at $208 per share. Kansas City Southern believes the offer is undervalued.

Full story: www.nasdaq.com

Thursday, September 10, 2020