Test of CP-NS Merger Sentiment on May 12

Norfolk Southern (NS) Chief Executive Jim Squires disclosed in a letter to employees this week that May 12 will be the date for the company’s annual meeting, an event that will be held in Williamsburg, Virginia. The disclosure means that a date certain has now been set for NS shareholders to get a chance to vote on whether they want their railroad to hold “good faith” merger talks with Canadian Pacific Railway (CP). READ MORE