Scalper1 News
Shares of CSX shot up as much as 11% Monday to an all-time high, leading the rail industry group higher, on weekend reports that Canadian Pacific Railway approached it about a possible merger. But CSX (CSX) spurned the offer, which Canadian Pacific (CP) made sometime last week, Bloomberg said, citing people close to the matter. Activist investor Bill Ackman’s Pershing Square Capital Management fund is Canadian Pacific’s second-largest Scalper1 News
Scalper1 News