Article 92 of 9281 articles posted under "Asleep At The Wheel"


Employed as: APE, for 20-30 years
Posted: 02 September 2020

Sept 2 (Reuters) - A clutch of investors led by Blackstone Group Inc has
made a takeover bid for U.S. railroad operator Kansas City Southern, the
Wall Street Journal reported on Wednesday, citing people familiar with
the matter.Blackstone Group and Global Infrastructure Partners (GIP)
submitted a fresh takeover bid after an earlier attempt was rebuffed by
the company, the people said, according to the report.
( had reported in July that the buyout
investor group was considering a takeover bid for Kansas City Southern
in a deal valued at about $20 billion. Kansas City Southern, which has
a market capital over $17 billion, was not immediately available for

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