Tag Archives: Canadian

Kansas City Southern sticks to Canadian National after Canadian Pacific fails to raise bid

Kansas City Southern sticks to Canadian National after Canadian Pacific fails to raise bid© Reuters. FILE PHOTO: A freight train of the Kansas City Southern (KCS) Railway Company is pictured in Toluca, Mexico October 1, 2018. REUTERS/Edgard Garrido/File Photo

(Reuters) -Kansas City Southern on Friday reiterated that Canadian National Railway’s offer was “superior” after Canadian Pacific (NYSE:) Railway refused to raise its bid, moving a step closer to creating the largest ever merger of North American railways by transaction value.

The Canadian rivals have been locked in a takeover battle for the U.S. railroad operator for two months to create the first railway spanning the United States, Mexico and Canada, as they stand to benefit from a recent pick-up in trade.

Kansas City Southern (NYSE:) last week accepted Canadian National’s $ 33.6 billion offer, upending a $ 29 billion deal with its competitor Canadian Pacific.

The U.S. railroad on Friday said it paid Canadian Pacific a breakup fee of $ 700 million, which would be reimbursed by Canadian National.

Canadian Pacific said on Friday it was willing to re-engage with Kansas City, hoping that the rival bid would be shot down by the U.S. Surface Transportation Board (STB), a regulator that oversees railroad companies.

Canadian National’s deal has recently run into regulatory hurdles, with the STB having denied its motion for approval of a voting trust earlier this week. The U.S. Department of Justice had also said last week that Canadian National’s bid for Kansas City appears to pose greater risks to competition.

Canadian National and Kansas City said they expect to gain all the required regulatory approvals, including that from STB.

Kansas City said the deal is expected to close in the second half of next year, following which its shareholders will own 12.6% of the combined company.

Author: Reuters
This post originally appeared on Stock Market News

Canadian Womans New World Record Hits A Low Note For Guinness

Author:
This post originally appeared on Weird News

Canadian Woman's New World Record

A Canadian woman has set a very high bar by singing a very low note.

Chapman’s noteworthy achievement came in February after she hit a C# note at 34.21 hertz (cycles per second) with her talented pipes.

Chapman has been singing all her life and noticed her voice was more versatile than the voices of other singers.

“I was in choirs throughout school and church, but when they scaled my voice for placement, it was realized that I not only could go extremely high but also low,” she told Guinness World Records. “Choirs are notoriously short on male voices, and so ‘Joylow’ was born.”

But it was only in the last few years that Chapman decided to take a deep dive into doing low notes.

“Working with many vocal coaches over the years, I found it strange that they did not want me to continue scaling down the piano,” she said. “They always stopped part way and just said, ‘that’s low enough, you’re freaking me out now.’ I didn’t realize why they stopped me or that what I had was so unique.”

But with the help of her niece, who is also a singer, Chapman began researching the lowest possible note a human being could sing.

Her niece discovered that in 2019, British singer Helen Leahey sang from a D5 to a D2 note at 72.5 hertz, but she was confident her Aunt Joy could beat that.

You can see Chapman win the high honor for the low note in the video below, but don’t get too attached to that record.

Chapman said she’s confident she can sing even lower and plans to raise the bar even higher in the future.