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Tag: pacifics
Norfolk Southern rejects Canadian Pacific's $29bn takeover bid
2015-12-07 01:00:00| Railway Technology
US rail company Norfolk Southern (NS) has rejected a takeover offer of more than $29bn from Canadian Pacific (CP), saying the valuation is grossly inadequate and not in the best interests of the company and its shareholders.
Tags: southern
bid
canadian
norfolk
Union Pacific's Downward Volume Trend Extends Into Q4
2015-12-05 14:51:57| Railroads - Topix.net
A declining volume trend that started in early 2015 has picked up speed in the fourth quarter. Normally fourth quarter volumes are the biggest for railroads, but this year they are seeing a continuation of the downward cycle.
Tags: volume
union
trend
extends
Norfolk Southern (NSC) Stock Derails, Rejects Canadian Pacific's Takeover Bid, Jim Cramer's Take
2015-12-04 17:08:03| Railroads - Topix.net
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Norfolk Southern rejects Canadian Pacific's merger proposal
2015-12-04 15:03:10| Railroads - Topix.net
This Oct. 23, 2014 file photo shows a Norfolk Southern locomotive on Chicago's south side. Norfolk Southern has rejected Canadian Pacific's proposal to combine the two railroads.
Tags: southern
canadian
proposal
norfolk
Norfolk Southern Rejects Canadian Pacific's Merger Proposal
2015-12-04 13:58:19| Railroads - Topix.net
Norfolk Southern Corp. said Friday that its board determined the proposal was "grossly inadequate, creates substantial regulatory risks and uncertainties that are highly unlikely to be overcome and is not in the best interest of the company and its shareholders."
Tags: southern
canadian
proposal
norfolk
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