(Source: Bloomberg, November 16, 2015)
NEW YORK — A railroader for more than five decades, Hunter Harrison is a dealmaker who helped drive the industry’s initial consolidation wave in the 1990s. Now, his Canadian Pacific Railway Ltd. is exploring a takeover of U.S. carrier Norfolk Southern Corp., people familiar with the matter told Bloomberg News last week. A deal for Norfolk Southern, the second-biggest railroad in the eastern U.S., would revive the 71-year-old CEO’s efforts to build a transcontinental carrier.
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