CNI

92% GAIN ON THIS STOCK – BIDDING WAR – STOCK JUMPS $37

A bidding war has erupted for KSU.  Previously KSU had received a $275 offer from CP.  Now CP’s competitor CNI has jumped in with a $325 bid.  At the $325 bid price, the gain on KSU position will be 92.3%. The bid from CNI is $200 in cash and 1.059 shares of CNI stock. The bid from CNI was unexpected because this bid

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