(Reuters) -Billionaire Chris Hohn’s TCI Fund Administration nominated 4 impartial administrators to Canadian Nationwide’s board, a day after Kansas Metropolis Southern divulged plans to just accept a buyout supply from Canadian Pacific Railway Ltd.

a train is coming down the track in the snow: FILE PHOTO: A Canadian National Railway train travels eastward on a track in Montreal

© Reuters/Christinne Muschi
FILE PHOTO: A Canadian Nationwide Railway practice travels eastward on a monitor in Montreal

Canadian Pacific has provided $27.2 billion in a cash-and-stock deal, in contrast with Canadian Nationwide’s $29.6 billion supply.


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“We didn’t search a proxy battle, however with out pressing motion CN’s operational and monetary efficiency will proceed to lag its friends below a board that lacks the correct

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