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Tag: canadian
Canadian Pacific's plan draws antitrust concern
2016-04-09 11:15:12| Railroads - Topix.net
Canadian Pacific Railway Ltd.'s plan to set up a voting trust to allow its chief executive to run Norfolk Southern Corp. in advance of its proposed takeover of the U.S. carrier should be rejected, the U.S. Justice Department said. The trust structure is meant to allow Norfolk Southern investors to be paid for their shares while the U.S. railroad keeps operating on its own pending a regulatory review of Canadian Pacific's unsolicited bid.
Tags: plan
concern
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Canadian Plastics April 2016
2016-04-08 21:22:09| Canadian Plastics Headlines
Download PDF version of this issue The post Canadian Plastics April 2016 appeared first on Canadian Plastics.
Tags: april
canadian
plastics
canadian plastics
Canadian Imperial Bank of Commerce (CM) Upgraded to "Strong-Buy" by Vetr Inc.
2016-04-08 08:38:24| Grocery - Topix.net
The brokerage presently has a $81.28 price target on the stock. Vetr 's price target indicates a potential upside of 12.22% from the stock's previous close.
Tags: inc
bank
commerce
canadian
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.
Pipeline, utility deals fuel jump in Canadian M&A activity
2016-04-07 20:20:56| IT Services - Topix.net
Acquisitions in the utility sector and a major cross-border pipeline transaction helped drive the volume of Canadian M&A activity up 48 percent in the first quarter of 2016, even though the number of deals declined. Thomson Reuters data released on Thursday showed the overall number of deals in the period fell 18 percent to 511 from a year earlier, while the deal value surged to $67.9 billion from $45.9 billion a year ago.
Tags: jump
activity
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canadian
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