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Business, Stocks

“Union Pacific Stock “Potential To Double” After CEO Ousted; Railroad Stocks Steady After Ohio Disaster”

“…Soroban Capital Partners on Sunday publicly called for the ouster of the railroad’s CEO, Lance Fritz. A letter from the New York-based hedge fund projected that a change to ‘best-in-class’ leadership would result in a doubling of Union Pacific stock… Continue Reading…

Stocks

“Link Shares Jump 27% on Pacific Equity, Carlyle Group Takeover Proposal”

“Link Administration Holdings Ltd, an Australia-based provider of services in superannuation administration industry, said it has received a conditional A$2.76 billion proposal from a consortium comprising Pacific Equity Partners, Carlyle Group to acquire 100% of the stake, sending its shares up 27%… Continue Reading…