In a widely expected move, Kansas City Southern (KSU Quick QuoteKSU ) pushed back the special meeting of its shareholders by a fortnight. It was originally scheduled for Aug 19 and will now be held on Sep 3, 2021. At the meeting, shareholders of Kansas City Southern are scheduled to vote in favor or against Canadian National Railway’s (CNI Quick QuoteCNI ) $33.6-billion offer.
Kansas City Southern’s decision to postpone the meeting is the latest in the slew of updates pertaining to its takeover.
Let’s recap the series of interesting events leading to the....More>>>