GFM Network News


CN locomotives in Winnipeg. (Photo courtesy CN)

CN shareholder urges changes to Kansas City Southern deal

Fund manager also holds stake in CP

Reuters — Billionaire hedge fund manager Chris Hohn on Tuesday urged Canadian National Railway to abandon its $33.6 billion bid for Kansas City Southern unless the Canadian railway changed its agreement to drop a key feature that could invite more regulatory scrutiny. Hohn’s TCI Fund Management, which has a 2.93 per cent stake in CN, […] Read more