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fox4kc.com

Reopening of 119th Street bridge over I-35 in Olathe delayed through end of September

OLATHE, Kan. — The 119th Street bridge over Interstate 35 in Olathe will remain closed through the end of the month. Construction on the bridge began on June 1 with a tentative street closure lasting approximately 90 days. But the project was paused in early June due to safety concerns from debris falling off the bridge during construction.
OLATHE, KS
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Save up to $0.31 per gallon - survey shows cheapest gas station in Kansas City

(KANSAS CITY, MO) For bargain hunters there may be no better target than gas, with the cheapest station in the Kansas City area offering savings of $0.31 per gallon. On Saturday the cheapest gallon of unleaded regular in the area was at Sinclair at 1215 Armour Rd. Regular there was listed at $2.64 per gallon Wednesday, compared to $2.95 at BP at 4632 Paseo Blvd, which GasBuddy clocked as the most expensive station in the area.
KANSAS CITY, MO
US News and World Report

Railroad Execs Hope CP-KCS Merger Could Be Done by Late 2022

KANSAS CITY, Mo. (AP) — Canadian Pacific hopes to complete its $31 billion acquisition of Kansas City Southern railroad before the end of next year. Shareholders of both companies are likely to vote on the deal sometime in December, and then Mexican and American regulators will have to sign off on the combination before the two railroads can merge.
KANSAS CITY, MO
spglobal.com

Canadian Pacific Railway, Kansas City Southern reach $27.2 billion deal after long bidding war

Combined 'Canadian Pacific Kansas City' deal would close late 2022. Canadian National receives $1.4 billion in breakup fees, reimbursements. Canadian Pacific Railway said Sept. 15 it will acquire Kansas City Southern for $27.2 billion in the biggest North American railroad merger in two decades and pay an additional $1.4 billion to rival Canadian National to cover the breakup fees for its terminated deal with KCS.
KANSAS CITY, MO
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stjosephpost.com

Kansas City Southern accepts Canadian Pacific merger agreement

Kansas City Southern Wednesday announced the termination of a merger agreement with Canadian National Railway. KCS has entered a merger agreement with Canadian Pacific Railway, presumably ending the bidding war for KCS. Kansas City Southern determined the proposal from Canadian Pacific continues to demonstrate a “Company Superior Proposal” under the...
KANSAS CITY, MO
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wibwnewsnow.com

Canadian Pacific And Kansas City Southern Execute Agreement To Combine, Creating First Single-Line Rail Network Linking U.S., Mexico And Canada

Calgary and Kansas City, Mo. – Sept. 15, 2021 – Canadian Pacific Railway Limited and Kansas City Southern on Wednesday, announced they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD$31 billion1, which includes the assumption of $3.8 billion of outstanding KCS debt. The transaction, which has the unanimous support of both boards of directors, values KCS at $300 per share, representing a 34% premium, based on the CP closing price on Aug. 9, 2021, the date prior to which CP submitted a revised offer to acquire KCS, and KCS’ unaffected closing price on March 19, 20212.
KANSAS CITY, MO

Kansas City Southern rail road sale moves forward

(AP) — The path is now clear for Canadian Pacific’s $31 billion acquisition of Kansas City Southern railroad to move forward after Canadian National dropped out of the bidding war Wednesday. The deal could still face tough scrutiny from regulators at the federal Surface Transportation Board, which hasn’t approved any...
KANSAS CITY, MO
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Kansas City Star

‘It’ll be amazing’: Midtown businesses hope streetcar benefits worth wait, construction

From inside Transit Coffee, which recently opened at 3940 Main St., customers can hear the scraping of concrete. A “sidewalk closed” sign sits outside near heavy machinery that the city’s Water Department and private utilities workers and are using along Main Street to make upgrades and move utility lines below the road’s surface, which will make room for the new Streetcar extension.
KANSAS CITY, MO