Canadian Pacific revises offer for Norfolk Southern
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Canadian Pacific Railway (CP) Reports Improved Offer for Norfolk Southern (NSC)
December 8, 2015 7:00 AM ESTCanadian Pacific (NYSE: CP) announced it has sent a revised offer letter to Norfolk Southern Corp. (NYSE: NSC) that is financially more attractive and dramatically reduces the regulatory uncertainty for NS shareholders.
Below is the full text of the revised offer letter sent to NS CEO James Squires:
Mr. James A. Squires Chairman and Chief Executive OfficerNorfolk Southern Railway CompanyThree Commercial PlaceNorfolk, VA 23510
Dear Jim,
In order to address... More
