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Congressional delegation from Indiana writes STB to oppose CP-NS merger

2016-02-05 18:09:14| Railroads - Topix.net

WASHINGTON, D.C. - Today, U.S. Senator Joe Donnelly led a bipartisan group of members from the Indiana congressional delegation in urging the Surface Transportation Board to thoroughly review and ensure that any merger or acquisition of Norfolk Southern Corporation is in the public interest and will increase competition among rail carriers. Donnelly and eight members of the congressional delegation sent a letter in response to Canadian Pacific Railway's attempts to acquire Norfolk Southern, which employs 2,500 employees in Indiana.

Tags: indiana writes merger congressional

 

U.S. banks targeted by activist investors on merger wave hopes

2016-02-05 11:35:43| IT Services - Topix.net

Activist investors are putting the U.S. banking sector in their crosshairs, betting that headwinds whipping through the industry will accelerate consolidation among lenders. Activists launched 97 campaigns last year aimed at the U.S. financial sector, around triple the amount from 2009, according to Thomson Reuters Activism data.

Tags: wave banks targeted investors

 
 

Hasbro, Mattel said to have held talks about possible merger

2016-02-05 04:58:33| Toys - Topix.net

Hasbro approached Mattel about a potential transaction late last year, and the companies have held on-and-off-again talks about a deal, the people said, asking not to be identified as the situation isn't public. Details of how a transaction might be structured couldn't immediately be learned.

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Barbie and G.I. Joe playing house? Hasbro, Mattel said to have held talks about possible merger

2016-02-05 04:58:32| Toys - Topix.net

The 1967 Barbie Twist 'N Turn doll. Mattel, the maker of Barbie, reportedly was approached by Hasbro about a potential merger late last year, and the companies have held on-and-off-again talks about a deal.

Tags: house possible held playing

 

Virgin Media CEO backs 3UK/O2 merger

2016-02-05 01:00:00| Total Telecom industry news

Tom Mockridge says remedies have potential to enhance, not curb, competition.

Tags: media virgin ceo merger

 

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