Home › Canadian Pacific scraps efforts to buy Norfolk Southern
 

Keywords :   


Canadian Pacific scraps efforts to buy Norfolk Southern

2016-04-11 14:45:18| Railroads - Topix.net

The announcement comes days after the U.S. Justice Department urged the Surface Transportation Board to reject a voting trust arrangement Canadian Pacific Railway had proposed as part of its bid. Calgary-based CP, Canada's second-largest railroad operator, launched its takeover bid for Norfolk Southern in mid-November, touting potential savings of more than $1.8 billion annually.

Tags: buy efforts southern pacific

Category:Transportation and Logistics

Latest from this category

All news
20.05Atlantic Tropical Weather Outlook
20.05Eastern North Pacific Tropical Weather Outlook
20.05Eastern North Pacific Tropical Weather Outlook
20.05Atlantic Tropical Weather Outlook
20.05Atlantic Tropical Weather Outlook
20.05Eastern North Pacific Tropical Weather Outlook
20.05Eastern North Pacific Tropical Weather Outlook
20.05Atlantic Tropical Weather Outlook
Transportation and Logistics »
20.05WCC Re-elects Tom Bowtell for Second Term as President, Recognizes Contributions of Andy Doyle
20.05DKSH Extends Distribution Agreement with KRONOS in Asia Pacific
20.05NABC hosts foreign animal disease tabletop exercise
20.05Printed Easy increases capacity by 300% with Durst
20.05Eastern North Pacific Tropical Weather Outlook
20.05Atlantic Tropical Weather Outlook
20.05IMDA launches annual IMDA Awards Competition
20.05Registration opens for FTAs Fall Technical Conference 2024
More »