Canadian Pacific Trust Plan Draws U.S. Antitrust ConcernBy and
Railroad, eyeing tie-up, wants its CEO to run Norfolk Southern
Justice Department move follows objection by U.S. military
Canadian Pacific Railway Ltd.’s plan to set up a voting trust to allow its chief executive to run Norfolk Southern Corp. in advance of its proposed takeover of the U.S. carrier should be rejected, the U.S. Justice Department said.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.