Calgary Alberta - Canadian Pacific is disappointed with Norfolk Southern Corporation's (NS) rejection of its proposal to create an end-to-end North American rail network that would enhance competition and generate significant shareholder value.
 
CP takes exception to the claims, misdirection, and mischaracterization of its offer and the benefits such a combination would provide to customers, shareholders, industry and the public.
 
CP will hold a conference call Tuesday, 8 Dec 2015 to discuss our offer and deliver clarity, context, and detail to the proposed transaction.
 
CP will also address all concerns about timely regulatory approval raised by NS and correct every inaccuracy.
 
CP is committed to this transaction and looks forward to engaging with the NS leadership team, its board, and its shareholders.
 
Details for the call will be disseminated in due course.
 
Anonymous Author.