The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Monday: ** Canadian Pacific Railway Ltd has approached CSX Corp about merging the two North American railroad operators to create a transcontinental carrier worth more than $60 billion, according to the Wall Street Journal.** Spain's Gas Natural on Sunday said it would launch a $3.3 billion takeover offer for Chile's biggest electricity distributor Compania General de Electricidad (CGE) , in a bid to boost its presence in growing Latin American markets.
CSX Corporation (CSX), together with its subsidiaries, is a transportation supplier. Shares of CSX fell by 2.57% or $-0.79/share to $29.94. In the past year, the shares have traded as low as $25.28 and as high as $32.66. On average, 5822580 shares of CSX exchange hands on a given day and today's volume is recorded at 12253532.
Gas Natural Inc., is a natural gas company, primarily operating local distribution companies in six states and serving approximately 70,000 customers. Shares of EGAS fell by 0.13% or $-0.015/share to $11.34. In the past year, the shares have traded as low as $7.49 and as high as $13.17. On average, 95852 shares of EGAS exchange hands on a given day and today's volume is recorded at 138326.
Source