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The $28 billion hostile bid puts the pressure on the railroad's management to boost results.
2015-12-11 15:47:07| Railroads - Topix.net
The Calgary-based CP and Ackman's Pershing Square Capital Management spent more than two hours on a call with investors earlier this week outlining their case for consolidation and trying to win over skeptics. It has been more than a decade since a large North American rail deal was announced, and Canadian Pacific faces an uphill climb trying to convince regulators and shipping customers that further consolidation is to be encouraged.
Tags: to
results
management
pressure
Suncor extends, but doesn't sweeten, hostile takeover bid for Canadian Oil Sands
2015-12-04 02:46:58| Oil & Gas - Topix.net
Oilsands giant Suncor Energy has extended its hostile takeover bid for its smaller peer Canadian Oil Sands until Jan. 8, but it hasn't sweetened the offer. The all-stock bid - worth nearly $4.5-billion based on Thursday's closing share price - was to have expired Friday.
Tags: oil
bid
canadian
extends
Ruling to come in Suncor Energy's hostile bid for Canadian Oil Sands
2015-11-30 12:01:16| Oil & Gas - Topix.net
The Alberta Securities Commission is set to rule today in the case of a hostile bid involving two of Canada's big oilsands players. Suncor Energy has asked the regulator to overturn a plan struck by Canadian Oil Sands that gives COS shareholders 120 days - or until early February - to consider Suncor's $4.5-billion all-stock takeover offer.
Alberta regulator to hear arguments in Suncor's hostile takeover bid of COS
2015-11-26 12:20:29| Oil & Gas - Topix.net
The Alberta Securities Commission will hear arguments today into whether Canadian Oil Sands should be allowed to keep its defence against hostile takeovers. Suncor Energy took a $4.5-billion all-stock offer directly to shareholders on Oct. 5 after attempts at inking a friendly deal were rebuffed by COS leadership in the spring.
Perrigo blasts Mylan in latest defense of hostile takeover bid
2015-11-10 01:51:29| Biotech - Topix.net
Perrigo's top management is questioning the competency and "transparency" of rival drugmaker Mylan NV's bosses, urging Perrigo shareholders to reject a hostile takeover deal with Mylan. In a Monday letter to shareholders, Perrigo Co.
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hostile
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