1. Canadian National Railway Investor TCI Says it’s Marshalling Support Among Shareholders to Unseat Top Executives

    Canadian National Railway Investor TCI Says it’s Marshalling Support Among Shareholders to Unseat Top Executives

    Activist investor TCI Fund Management said CN’s lagging financial performance and its unsuccessful pursuit of KCS so far signal Canada’s largest railway needs new management Canadian National Railway Co.’s second-largest investor is marshalling support among other shareholders to oust CN’s top executive and chairman after the railway failed to win initial U.S. regulatory approval for the takeover of Kansas City Southern...

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