Canadian Pacific, Ackman Take Case to Norfolk Investors

  • Harrison suggests that a proxy battle may be looming
  • `If this is going to be a street fight, so be it,' CEO says

Norfolk Southern Receives Enhanced Canadian Pacific Bid

Canadian Pacific Railway Ltd. and its activist backer Bill Ackman appealed directly to Norfolk Southern Corp.’s shareholders, urging them to support a sweetened takeover offer or risk getting nothing.

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