Month: May 2004

Union Pacific Corporation said May 11, 2004, it had been notified of an unsolicited “mini-tender” offer by TRC Capital Corporation (TRC) of Toronto, Canada, to purchase up to 2 million shares, or less than 1 percent, of the outstanding common stock of Union Pacific at a price of $56.80 per share.

The Norfolk Southern Exhibit Car will travel the company’s rail network from Alabama to Ontario in 2004, making stops in 18 communities where it will be open to the public.

Canadian National on May 10 completed its acquisition of the rail and marine holdings of Great Lakes Transportation LLC (GLT).