Buffett has sharpened his pencil after CP going after Norfolk Southern and has cash to do a deal easily to add to his Burlington Northern subsidiary. With a retiring head at KSU i bet he will make a bid here while KSU is cheap.
And Kansas City Southern, a Midwestern railroad operator, could loom as a potential target for railroad companies. With a market value of about $8 billion, it is attractive because it is exempt from the 2001 rules, making it a potentially easier target.
Kansas City Southern has interviewed external and internal candidates who could take over for David Starling, its 66-year-old chief executive, who may decide to retire next year, people briefed on the interviews said.
The company is leaning toward choosing Patrick Ottensmeyer, its current president, as the successor, these people said, but they said that decision could change. They asked not to be named because the process was private.
While it is unclear whether Ottensmeyer or any other successor would be open to a takeover, a change in management could motivate potential acquirers to enter the fray.
Yet there are plenty of doubts about whether consolidation is even possible in the U.S. railroad business.
Buffett's Burlington Rail and Union Pacific both would be interested in this cheap asset. Could see this happening especially in light of Canadian Pacific's big to buy Norfolk Southern
They need SYT and won't let the diamond get away
SYT still in talks with MON as well, looks like a deal is going to happen and bidding war possible now
going to be ugly!
artificially keeping it down into dec option expiration. Wouldn't be surprised to see something happen on Merger Monday though.
surprised stock isn't up more on news of china chem and monsanto
about raising their bid for SYT and also SYT came to MON about their interest in bidding.
UAN needs to cough up more stock to get this value up to the 12.50 area!
cell phones should be banned from every business out there, your there to work!
they are not empty, stores here are just as full as before your rhetoric !
Only thing empty is your head!