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Daily Deals: CP's Norfolk bid in the spotlight and a Supreme Court justice's new gig
2015-12-08 10:43:19| Railroads - Topix.net
Activist investor Bill Ackman will join Canadian Pacific Railway Ltd.'s chief Hunter Harrison on a conference call on Tuesday to discuss the company's takeover attempt of Norfolk Southern Corp. Activist investor Bill Ackman will join Canadian Pacific Railway Ltd.'s chief Hunter Harrison on a conference call on Tuesday to discuss the company's takeover attempt of Norfolk Southern Corp. The inclusion of Mr. Ackman, a CP board member and - through hedge fund Pershing Square Capital - a 9-per-cent owner of CP, is believed to be a sign the company is not about to abandon the pursuit of Virginia-based Norfolk Southern.
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Category:Transportation and Logistics