Home UPDATE 1-CP Rail mulls litigation over opposition to Norfolk Southern deal
 

Keywords :   


UPDATE 1-CP Rail mulls litigation over opposition to Norfolk Southern deal

2016-03-02 23:15:43| Railroads - Topix.net

Canadian Pacific Railway Ltd said on Wednesday it is looking at all legal options in response to what it described as concerted efforts by certain U.S. railroads to block its proposed merger with Norfolk Southern Corp. "It is unfortunate that CP must consider the use of litigation to ensure a level playing field and protect its rights," CP, Canada's second largest railroad, said in a statement. CP's $28 billion plan to buy Norfolk Southern has garnered support from more than 80 shippers, but is being opposed by Norfolk Southern and a number of industry groups and other rail customers.

Tags: update deal southern opposition

Category:Transportation and Logistics

Latest from this category

All news

14.11Eastern North Pacific Tropical Weather Outlook
14.11Tropical Depression Nineteen Graphics
14.11Tropical Depression Nineteen Forecast Discussion Number 4
14.11Summary for Tropical Depression Nineteen (AT4/AL192024)
14.11Tropical Depression Nineteen Public Advisory Number 4
14.11Tropical Depression Nineteen Wind Speed Probabilities Number 4
14.11Tropical Depression Nineteen Graphics
14.11Summary for Tropical Depression Nineteen (AT4/AL192024)
Transportation and Logistics »
14.1115kg 50mm
14.11ONE PIECE BOX
14.11DAIWA OCEAN STAR 500
14.11fender jhon mayer blackone
14.11 Angel Touch Plus vol.3
14.11Strymon BigSky
14.11
14.11 TOUR B X 2
More »