Home › Canadian Pacific's plan draws antitrust concern
 

Keywords :   


Canadian Pacific's plan draws antitrust concern

2016-04-09 11:15:12| Railroads - Topix.net

Canadian Pacific Railway Ltd.'s plan to set up a voting trust to allow its chief executive to run Norfolk Southern Corp. in advance of its proposed takeover of the U.S. carrier should be rejected, the U.S. Justice Department said. The trust structure is meant to allow Norfolk Southern investors to be paid for their shares while the U.S. railroad keeps operating on its own pending a regulatory review of Canadian Pacific's unsolicited bid.

Tags: plan concern canadian draws

Category:Transportation and Logistics

Latest from this category

All news
15.11Tropical Storm Sara Graphics
15.11Tropical Storm Sara Forecast Discussion Number 6
15.11Tropical Storm Sara Wind Speed Probabilities Number 6
15.11Summary for Tropical Storm Sara (AT4/AL192024)
15.11Tropical Storm Sara Public Advisory Number 6
15.11Tropical Storm Sara Forecast Advisory Number 6
15.11Summary for Tropical Storm Sara (AT4/AL192024)
15.11Tropical Storm Sara Public Advisory Number 5A
Transportation and Logistics »
15.11 DVD-BOX5
15.11 100
15.11NIKE X (27)
15.11 MEMORIA8 HOOD Towel
15.1119HGLEFT
15.11
15.11X-PLUS
15.11 BoU CD
More »