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PRESS DIGEST- Financial Times - Nov 10

Published 2015-11-09, 08:27 p/m
© Reuters.  PRESS DIGEST- Financial Times - Nov 10
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Nov 10 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.

Headlines
CANADIAN PACIFIC IN FRESH US RAIL PLAY

SHORT SELLER SETS SIGHTS ON MALLINCKRODT

VW OFFERS US CUSTOMERS $1,000 GIFT CARDS

MATCH AIMS TO RAISE $537 MLN IN IPO

Overview
Canadian Pacific Railway Ltd CP.TO is exploring a
potential acquisition of its U.S.-based rival Norfolk Southern (N:NSC)
Corp NSC.N , and has hired bankers to seek finance for the
deal.

Citron Research, after targeting Valeant Pharmaceuticals (N:VRX)
VRX.TO last month, has turned its sights on Mallinckrodt (N:MNK) Plc
MNK.N calling the drugmaker "a far worse offender of the
reimbursement system" in a tweet. The comments by the short
seller sent the drugmaker's stock price tumbling by as much as
22 percent.

German carmaker Volkswagen (DE:VOWG) AG's VOWG_p.DE American unit is
offering two $500 gift cards to owners of VW and Audi NSUG.DE
cars with engine capacity of 2L. The carmaker said the effort is
a "first step" towards restoring consumer confidence in the
brand.

Match Group, the owner of dating services Tinder, OkCupid
and Match.com, filed with U.S. regulators on Friday to raise as
much as $537 million in an initial public offering.

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