Kansas City Southern calls meeting of 4.25% convertible preferreds shareholders

By Angela McDaniels

Seattle, March 17 - Kansas City Southern said the executive committee of its board of directors has called a special meeting of shareholders of its 4.25% redeemable cumulative convertible perpetual preferred stock, series C.

The purpose of the meeting is to vote on a proposed amendment to the certificate of designation of the preferreds to allow the company to pay dividends to preferred shareholders in cash, shares of common stock or any combination.

The meeting will be held at 10 a.m. CT on March 30 in the Kansas City Room at the company's headquarters, located at 427 West 12th Street, Kansas City, Mo.

Preferred shareholders of record as of March 17 will be entitled to vote at the meeting.

Kansas City Southern is a transportation holding company with railroad investments in the United States, Mexico and Panama.

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