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Canadian Pacific Shares Rally After Efforts To Merge With Norfolk Terminated
Monday, April 11, 2016 - 11:36am | 265Read More...Shares of Canadian Pacific Railway Limited (NYSE: CP) were trading higher by nearly 4 percent Monday morning after the company confirmed in a press release it will no longer pursue its previously planned acquisition of Norfolk Southern Corp. (NYSE: NSC) Canadian Pacific noted it has also...
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CSX Gains 5% On Takeover Reports
Wednesday, March 2, 2016 - 8:33am | 174Read More...Shares of CSX Corporation (NASDAQ: CSX) were trading higher by more than 5 percent early Wednesday morning after the Wall Street Journal reported on Tuesday the company has been approached by Canadian Pacific Railway Limited (NYSE: CP). The Wall Street Journal, citing "people familiar with...
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Canadian Pacific Seeing 'Overwhelming Support' From Shippers For Its Proposed Acquisition Of Norfolk Southern
Thursday, February 25, 2016 - 3:04pm | 221Read More...Canadian Pacific Railway Limited (NYSE: CP) said on Thursday that it has received "overwhelming support" from its customers for its proposal to acquire Norfolk Southern Corp. (NYSE: NSC). Related Link: UBS: Canadian Pacific-Norfolk Southern Combo Still Possible Canadian Pacific...
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Norfolk Southern (Again) Rejects Canadian Pacific Buyout Proposal
Monday, December 14, 2015 - 11:46am | 400Read More...On Monday, Norfolk Southern Corporation (NYSE: NSC) officially announced that its buyout proposal from Canadian Pacific Railway Limited (NYSE: CP) had been rejected. The latest news follows an earlier rejection of the takeover by the company's board of directors on December 4. Norfolk...
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8 Arbitrage Events To Watch Today
Monday, November 16, 2015 - 10:01am | 501Read More...U.S. futures were trading higher early Monday morning, implying U.S. equities will open higher. Investors and traders are focusing on M&A and large cross-border deal activities on Monday. The most notable deal consists of a $12.2 billion merger within the hotel and resorts group. U...
