University of the Cumberlands Canadian Pacific Bid for Norfolk Southern Question
Group 2 Case Title: Canadian Pacific’s Bid for Norfolk Southern
In December 2015, Canadian Pacific Railroad (CPR) has just made its third bid to acquire Norfolk Southern Corporation (NSC), one of the largest railroads in the United States. Having rejected the prior offers, NSC’s CEO James Squires and the NSC board must now value the current offer including the projected merger synergies as well as a recently-added contingent value right (CVR) designed to “sweeten” the offer, and decide how to respond.
“I just want the second and third questions from the second document”.