Kansas City Southern
If you purchased Kansas City Southern securities and would like to join the action, please click "Join This Action" below.
KSU MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF KANSAS CITY SOUTHERN IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – KSU
March 21, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Kansas City Southern (NYSE: KSU) to Canadian Pacific Railway Limited is fair to Kansas City shareholders. Under the terms of the merger agreement, Kansas City shareholders would receive 0.489 of a Canadian Pacific share and $90.00 in cash for each Kansas City common share held.
The investigation concerns whether Kansas City and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Kansas City shareholders; (2) determine whether Canadian Pacific is underpaying for Kansas City; and (3) disclose all material information necessary for Kansas City shareholders to adequately assess and value the merger consideration. On behalf of Kansas City shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.