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Tag: merger
US Army Takes Aim at Canadian Pacific, Norfolk Southern Railroad Merger Plan
2016-04-08 05:44:07| Railroads - Topix.net
The U.S. Army said a Canadian Pacific Railway takeover of Norfolk Southern Corp. has the potential to harm national defense, adding opposition to the possible merger plan. The Army told the Surface Transportation Board that it opposed Canadian Pacific's plan to have CEO Hunter Harrison step down and become the head of Norfolk Southern as part of a voting trust structure before the regulator's final approval of a merger.
Allergan, Pfizer call off proposed $160B merger
2016-04-07 02:45:40| Biotech - Topix.net
Top U.S. drugmaker Pfizer and Irish rival Allergan are charting independent futures after scrapping a record $160 billion deal torpedoed by new Treasury Department rules meant to block American companies from moving their corporate addresses overseas - on paper - to avoid U.S. taxes. The rules issued Monday, aimed at stopping the companies' "tax inversion" deal, wiped out its financial incentives and rationale for Pfizer Inc., though they had no impact on Allergan PLC.
Tags: call
proposed
merger
pfizer
Updated Thoughts on the Waste Connections/Progressive Merger
2016-04-06 16:11:00| Waste Age
Its been a busy few weeks for the proposed Waste Connections/Progressive Waste Solutions inversion. read more
Tags: updated
thoughts
waste
merger
Airlines in Asia could get a lift from Alaska-Virgin merger
2016-04-06 08:02:37| Oil & Gas - Topix.net
Foreign airlines could market Alaska Air's U.S. flights to their customers in Asia and take a commission for those sales - a common airline practice called code-sharing. Travelers from Asia would earn frequent flyer miles under their preferred airline's loyalty program even while traveling on Alaska Air.
Tags: asia
lift
airlines
merger
Airlines in Asia could get a lift from Alaska-Virgin merger
2016-04-06 06:56:56| Airlines - Topix.net
Foreign airlines could market Alaska Air's U.S. flights to their customers in Asia and take a commission for those sales - a common airline practice called code-sharing. Travelers from Asia would earn frequent flyer miles under their preferred airline's loyalty program even while traveling on Alaska Air.
Tags: asia
lift
airlines
merger
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