RTR: Canadian National launches battle for Kansas City rail with $30bln plus bid
REUTERS reports: Canadian National (CNR.TO) said on Tuesday it had offered to buy railroad operator Kansas ...
In theory, and in practice, taking a box line private works perfectly under a short-term, typically-private equity-minded/driven horizon, assuming cyclical strength is here to stay at least through 2024.
Base case: that assumption looks spot on.
Worst case: it could be disastrous.
Either way, many thanks to a faithful reader who recently went for* the “container shipping + LBO” search on our platform.
(*Rather opportunistically, let me say, yet conveniently from an investment perspective; LBO means leveraged buyout, how it works in principle here)
To ...
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