(Source: Railway Track & Structures, November 2, 2021)
NEW YORK — After months of taking a beating from the Surface Transportation Board on its proposed merger with Kansas City Southern, along with a salvo of criticism from and expression of interest in achieving a controlling interest in the railroad by TCI, a hedge fund based in the United Kingdom, Canadian National’s board of directors fired back today with a strongly-worded letter to shareholders and the investment community.
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