U.S. Army 1: Bill Ackman 0; $CP Terminates Bid to Acquire $NSC

Just a few days ago, the United States Army voiced its opposition to the royalist scum at CP acquiring a vital portion of the U.S. railway system in NSC. Early this morning, the lads over at CP, Ackman’s largest holding, announced they’d terminated the bid to acquire said assets.

“We have long recognized that consolidation is necessary for the North American rail industry to meet the demands of a growing economy, but with no clear path to a friendly merger at this time, we will turn all of our focus and energy to serving our customers and creating long term value for CP shareholders,” said Chief Executive Hunter Harrison said in a statement.

Had the bid come from China, as sure as I’m sitting here, the lads over at NSC would be prepping to take classes to learn mandarin.