Canadian Pacific Ends Bid to Purchase Norfolk Southern

The video discusses the failed merger between Canadian Pacific and Norfolk Southern, highlighting regulatory challenges and market conditions affecting mergers and acquisitions. The DOJ's opposition to a voting trust and increased scrutiny under the Obama administration are key factors. Canadian Pacific's future options, such as a potential merger with Kansas City Southern, are considered. The video also examines the impact of market volatility on M&A activities and the decline in advisory fees for banks.

What factors contributed to the decline in M&A volumes in the first quarter?

What was the general sentiment about the future of M&A activity in 2016 compared to 2015?