By Nigam Arora & Dr. Natasha Arora Congratulations! Kansas City Southern (KSU) buyout is on track. KSU is long from an average of $169.71. The implied value of the buyout is $300. This consists of $90 in cash and 2.884 shares of CP. KSU is trading at $283 as of
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
Congratulations to The Arora Report subscribers holding Kansas City Southern (KSU). KSU is a major railroad. The Arora Report had previously given buy signals on KSU and identified it as a buyout candidate. Our target zone started at $270. KSU has received a $275 offer from Canadian Pacific (CP). KSU becomes the 163rd Arora Report Portfolio company