Independent journal on economy and transport policy
08:39 GMT+1
This page has been automatically translated by Original news
the railway group Canadian Pacific proposes an agreement of fusion to Norfolk Southern
Cold the acceptance of the proposal by the board of directors of the American company
November 18, 2015
The railway group Canadian Canadian Pacific (CP) has shown to the American Norfolk Southern Corporation (NS) a fusion agreement, proposal that second CP assures a considerable prize cash and sets in action for the NS shareholders and that instead, according to the board of directors of Norfolk Southern offers a modest prize. The purchase proposal is based on a transaction to 50% in money and 50% in shares, with the offer of 46,72 dollars for each action of NS and 0,348 set in action of Canadian Pacific for each action of Norfolk Southern
The fusion project previews that the new society, that it will become the first railway group in the America North, is quoted to the Stock exchange of New York and that of Toronto. Today to the New York Stock Exchange the capitalization of market of Norfolk Southern is of about 26,0 billion dollars and that of Canadian Pacific of about 21,2 billion dollars Canadian.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The railway group Canadian Canadian Pacific (CP) has shown to the American Norfolk Southern Corporation (NS) a fusion agreement, proposal that second CP assures a considerable prize cash and sets in action for the NS shareholders and that instead, according to the board of directors of Norfolk Southern offers a modest prize. The purchase proposal is based on a transaction to 50% in money and 50% in shares, with the offer of 46,72 dollars for each action of NS and 0,348 set in action of Canadian Pacific for each action of Norfolk Southern 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
