the hostile Norfolk Southern bid is burdened with a series of significant conditions.

Having an agreed deal is more likely to be effective than someone just coming in with a hostile bid.

Having activist shareholders out there really does embolden the aggressors because they know that when they make a hostile bid, they may be able to get more assistance from shareholders who flow into the stock than they had in the past.

Membership in the bar is a privilege burdened with conditions.

It has all the signs of a hostile bid, and for investors it has come as a bit of surprise. I would expect this to go on for some time, and looking at the stock prices of the two companies, it seems there is more in it for investors.

This was an exceptional year, The Norfolk Southern story is one of great people in a great organization getting the job done for the nation as a key and growing part of the essential transportation system that makes the economy strong.