HALISTER: Canadian Pacific Ends Effort to Merge With Norfolk Southern

Canadian Pacific Ends Effort to Merge With Norfolk Southern

(Bloomberg) -- Canadian Pacific pulls the plug on its push to buy Norfolk Southern, including withdrawal of resolution asking NSC holders to vote in favour of good-faith negotiations.
  • Comes after latest hurdle on Friday when U.S. Dept of Justice opposed Canadian Pacific’s petition for voting trust, Link
Statement:Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
NSC US (Norfolk Southern Corp)
CP CN (Canadian Pacific Railway Ltd)

Topics
Management Changes
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