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Canadian Pacific's plan to set up trust draws US anti-trust concern

Monday, April 11, 2016 - 05:50

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Mr Harrison has repeatedly said Norfolk Southern could be run during the regulatory review by an executive of his company.

Washington

CANADIAN Pacific Railway Ltd's plan to set up a voting trust to allow its chief executive to run Norfolk Southern Corp in advance of its proposed takeover of the US carrier should be rejected, the US Justice Department said.

The trust structure is meant to allow Norfolk

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