September 14, 2021 | CN, CP, Headlines, KCS, STB
(Source: Reuters, September 12, 2021) NEW YORK — Kansas City Southern said on Sunday it planned to accept Canadian Pacific Railway Ltd’s $27.2 billion cash-and-stock acquisition offer as superior to its $29.6 billion deal to sell itself to Canadian National...
September 14, 2021 | CN, Headlines, KCS
(Source: BNN Bloomberg, September 14, 2021) NEW YORK — One of the main players behind a U.K.-based hedge fund’s threat to launch a proxy battle against Canadian National Railway Ltd. is taking a few cues from some high-profile previous activist campaigns...
September 14, 2021 | CN, Headlines, KCS
(Source: TCI Fund Management Limited press release, September 13, 2021) LONDON — Long-term shareholders CIFF Capital UK LP and The Children’s Investment Master Fund, acting by their investment manager TCI Fund Management Limited (together, “TCI”),...
September 9, 2021 | CN, Headlines, KCS
(Source: Progressive Railroading, September 8, 2021) TCI Fund Management Ltd. has retained Kingsdale Advisors to act as strategic adviser and engage with CN’s shareholders to achieve TCI’s objectives of halting CN’s pursuit of Kansas City...
September 9, 2021 | CN, Headlines
(Source: Reuters, September 8, 2021) MONTREAL — Canadian National Railway Co said on Wednesday that all its employees in Canada must be fully vaccinated against COVID-19 by Nov. 1. The company’s vaccination policy will apply to all employees and new hires in Canada...
August 31, 2021 | CN, Headlines
(Source: BNN Bloomberg, August 30, 2021) MONTREAL — The investment firm founded by billionaire Christopher Hohn has increased its stake in Canadian National Railway Co., describing the railroad operator’s stock as “undervalued” and an...
August 25, 2021 | CN, Headlines
(Source: CTV News Vancouver, August 24, 2021) VANCOUVER, B.C. — Karamjit Singh struggles daily with the loss of his son, and the lack of information he’s been given as to how and why he died. Singh was in Cambodia when his ex-wife called to tell him his son, Jasvinder...
August 20, 2021 | CN, Headlines, KCS
(Source: Kansas City Southern press release (PDF), August 19, 2021) KANSAS CITY, Mo. — Kansas City Southern (“KCS”) today announced that it has convened and adjourned the Special Meeting of Stockholders (the “Special Meeting”) for KCS stockholders to vote on the...
August 19, 2021 | CN, CP, Headlines
(Source: Global News, August 18, 2021) LYTTON, B.C. — A former resident of Lytton, B.C., who lost her home in the Lytton Creek wildfire on June 30 has now filed a lawsuit in B.C. Supreme Court against the Canadian National Railway and the Canadian Pacific Railway...
August 18, 2021 | CN, Headlines, KCS
(Source: Associated Press, August 17, 2021) OMAHA, Neb. — Kansas City Southern decided Tuesday to will delay this week’s planned shareholder vote on Canadian National’s $33.6 billion offer to buy the railroad because regulators haven’t yet ruled on a key part of the...
