1994-07-12, English, Article, Journal or magazine article, Map edition: Analysts give interpretation of possible IC-KCS deal. (Illinois Central Railroad; Kansas City Southern Railway) Kaufman, Lawrence H.

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Bookmark: https://trove.nla.gov.au/version/110641166
Physical Description
  • map
  • Magazine/​Journal article
Published
  • UBM Global Trade, Inc., 1994 July 12
Language
  • English

Edition details

Title
  • Analysts give interpretation of possible IC-KCS deal. (Illinois Central Railroad; Kansas City Southern Railway)
Also Titled
  • Analysts give interpretation of possible IC-KCS deal.
Appears In
  • Journal of Commerce and Commercial, v400, no.n28265, 1994 July 12, p3B(1) (ISSN: 1088-7407)
Author
  • Kaufman, Lawrence H.
Published
  • UBM Global Trade, Inc., 1994 July 12
Physical Description
  • map
  • Magazine/​Journal article
Subjects
Target Audience
  • Trade
Summary
  • The Illinois Central Railroad Co. (ICS) is reportedly close to an agreement to acquire the Kansas City Southern Railway Co. (KCS). Sources close to the management of both railroad companies say that KCS will sell its railroad to ICS in a tax-free exchange of stock. Analysts have begun studying the impact of KCS's purchase price on the revenues and profits of ICS. There are reports that ICS will buy KCS stock for $1.6 billion and assume debt worth $600 million. Analysts think this price is too high.
Notes
  • map
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 15592669

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