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CP seeks change in strategy for merger

2016-01-22 07:05:41| Railroads - Topix.net

Canadian Pacific Railway Ltd., concerned that mounting political pressure may scuttle its proposed stock- and-cash bid for Norfolk Southern Corp., plans to change strategy to sway lawmakers and reverse the momentum. "When you're playing the game and somebody changes the rules on you, you have to review your strategies," Canadian Pacific Chief Executive Officer Hunter Harrison said Thursday on a conference call.

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