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Norfolk Southern considering Canadian Pacific's merger offer

2015-11-18 01:00:00| Railway Technology

Canadian Pacific (CP) has made an offer to buy US rail company Norfolk Southern (NS) for $28.4bn, which would create the largest rail company in North America.

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CP Railway's proposed takeover of Norfolk Southern would face scrutiny

2015-11-12 09:25:47| Railroads - Topix.net

Canadian Pacific Railway Ltd.'s reported plan to create the largest railway in North America with an offer for Norfolk Southern Corp. would face a lengthy review process that could pit the company against shippers unlikely to welcome less competition. CP's takeover of Virginia-based Norfolk Southern would form a railway with more than 33,000 miles of track that reach the key ports of Vancouver, New York and New Jersey, in addition to the oil patch and the refineries in the Eastern United States.

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Vetr Inc. Downgrades Norfolk Southern Corp. to Hold

2015-11-11 03:09:07| Railroads - Topix.net

They currently have a $87.00 target price on the railroad operator's stock. Vetr 's target price would suggest a potential downside of 1.83% from the company's previous close.

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Closing Bell: Norfolk Southern Jumps on Deal Interest; Stocks Slip

2015-11-09 23:33:04| Railroads - Topix.net

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CSX And Norfolk Southern: Glasses Half Full?

2015-11-08 21:26:26| Railroads - Topix.net

It is obvious why CSX's and NSC's shares should track each other, but it is odd that they have not reflected the significant differences in their fundamentals. Consequently, NSC has higher forecast growth in 2016 and is trading at a premium to CSX.

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