Form 8-K NORFOLK SOUTHERN CORP For: Dec 08
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Norfolk Southern (NSC) Advised by Former STB Commissioners Over Canadian Pacific (CP) Proposal
December 8, 2015 6:27 AM ESTNorfolk Southern Corporation (NYSE: NSC) (the "Company") announced that former Surface Transportation Board ("STB") commissioners Francis Mulvey and Charles Nottingham have carefully reviewed voting trust issues and the merger transaction proposed by Canadian Pacific (NYSE: CP) and agree with the Norfolk Southern board of directors that both would be highly unlikely to be approved by the STB.
"The Norfolk Southern board is committed to creating value for shareholders and exploring all bona fide opportunities to enhance value," said Chairman, President and CEO James A. Squires. "In that regard, the... More
