Norfolk Southern
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CSX plan to buy railroad raises competition concerns
Norfolk Southern raised concerns saying deal could undermine competition between CSX and Norfolk Southern
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U.S. rail companies feeling downturn
North American rail volume last week, including 12 U.S., Canadian and Mexican railroads, fell 7.6 percent
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Who’s on the move: August 21, 2017
Appointments, promotions, moves and changes in the supply chain sector this week
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Norfolk CEO urges employees to vote aginst merger motion
However, railway says it is open to talks with CP Rail if bid is ‘meaningfully increased’
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CP approached CSX about deal while pursuing NS
CP CEO Hunter Harrison said his railroad remains committed to its roughly $30 billion bid for Norfolk Southern
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CP Rail says Norfolk Southern merger required
Needed to support growth in the North American economy
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CP sweetens Norfolk Southern takeover offer
Shareholders would receive payout if combined company’s share value doesn’t reach minimum value
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CP responds to Norfolk Southern
Rejection of merger deal to be addressed in a call on December 8
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Norfolk Southern rejects CP Rail’s proposed merger
US rail company calls the deal “grossly inadequate.”