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The Wall Street Journal: CSX rebuffed $20 billion Canadian Pacific merger offer

2016-03-02 04:04:41| Railroads - Topix.net

Canadian Pacific Railway Ltd., which is pressing an unwanted takeover bid for Norfolk Southern Corp., recently revived a $20 billion-plus effort to combine with CSX Corp. in the latest sign of its eagerness to bring consolidation to the industry. in January, according to people familiar with the matter and Canadian Pacific Chief Executive Hunter Harrison.

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