CN/TCI Showdown Set for March 22, 2022
CN on Oct. 4 announced that has scheduled a Special Meeting of Shareholders “in response to a requisition by CIFF Capital and TCI Fund Management Ltd. (collectively, TCI)” for 9:00 a.m. Eastern Time on Tuesday, March 22, 2022. TCI and CN “have mutually agreed to the date of the Special Meeting,” CN noted, adding that “the proxy contest initiated by TCI is misguided, costly and not in the best interest of CN’s shareholders or its other stakeholders.”