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Tag: norfolk
Norfolk Southern Receives Offer From Canadian Pacific
2015-11-26 06:46:23| Railroads - Topix.net
Norfolk and Canadian Pacific will be able to deliver unsurpassed levels of safety and service to their customers after they merge Norfolk Southern Corp. completed the acquisition of the Delaware & Hudson Railway line, a subsidiary of Canadian Pacific. , in September, and Canadian Pacific recently offered to buy Norfolk for $28.4 billion on a 50% cash and 50% stock transaction.
Tags: offer
southern
pacific
canadian
Dividend Impact Of A Potential Acquisition For Norfolk Southern Shareholders
2015-11-24 09:59:56| Railroads - Topix.net
One of the reasons why I love investing in dividend growth companies is that management has many tools at their disposal to generate value for their shareholders. The easiest manner is to announce a share buyback program or a dividend increase, which have minimal impact on the operations of the companies.
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impact
southern
acquisition
Many obstacles for Canadian Pacific Railway takeover of Norfolk Southern
2015-11-19 01:01:06| Railroads - Topix.net
Canadian Pacific Railway's dream of creating North America's largest railway faces a long and uncertain future following Norfolk Southern's cool initial response to the Calgary company's US$28-billion takeover proposal. The deal would see the merged company oversee about 53,000 kilometres of track - greater than the circumference of Earth - that stretches from the Pacific to the Atlantic Ocean and south to the Gulf of Mexico.
Tags: southern
pacific
canadian
norfolk
Video: CP's low-ball bid meant to further talks with Norfolk, Citi says
2015-11-18 22:56:25| Railroads - Topix.net
BNN speaks with Christian Wetherbee, Senior Transportation Analyst, Citi Research to get his take on CP Rail's official proposal for a merger with Norfolk Southern and what that means for the industry.
Norfolk Southern considering Canadian Pacific's merger offer
2015-11-18 01:00:00| Railway Technology
Canadian Pacific (CP) has made an offer to buy US rail company Norfolk Southern (NS) for $28.4bn, which would create the largest rail company in North America.
Tags: offer
southern
canadian
norfolk
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