A New York-based investor group led by...
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A New York-based investor group led by real estate magnate Howard Kaskel says it has a 7.9% stake in Kansas City Southern Industries and is interested in acquiring the company. The Kaskel group indicated in a Securities and Exchange Commission filing that it wants to meet with Kansas City Southern’s leaders and is considering several alternatives. Those include an acquisition of the railroad and data processing company, representation on its board of directors or a restructuring to raise the value of the company’s shares.
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