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Monday, October 13, 2014

Takeover Digest- New York Times business news - Oct 13, (NYSE: CSX), (AMEX: EGAS)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * The Canadian Pacific Railway recently approached CSX Corp , the big Florida-based rail line, about a merger that would create a company worth more than $60 billion, people briefed on the matter said on Sunday. (nyti.ms/11cK8iH)* Gas Natural of Spain said on Sunday that it would offer $3.3 billion to acquire Compania General de Electricidad, Chile's largest electricity distributor, to expand its position in Latin America. (nyti.ms/1p4Zw61)

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 12252631.

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.



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