Montreal Quebec - CN today announced that it has continued to receive support from customers, suppliers, elected officials, and other
stakeholders for its proposed combination with Kansas City Southern (KCS).
One-hundred additional letters have been sent to CN and filed with the Surface Transportation Board (STB) in favor of CN's proposed combination with KCS, its
use of a voting trust, or both, bringing the total number of support letters CN has received to well over 800.
CN will continue to communicate and engage with its customers and various stakeholders as it works towards an agreed transaction with KCS.
CN respectfully submits another 100 letters from stakeholders relating to CN's proposed combination with KCS.
These letters continue the outpouring of support that CN has received in the brief time that the proposed transaction has been made public, as reflected in
CN's prior filings on 26, 29 Apr 2021, and 4 May 2021.
In total, CN has received well over 800 letters from stakeholders publicly expressing their support for the proposed transaction or for CN's proposed voting
trust.
Twenty-eight of the letters being filed today explicitly support the proposed combination of KCS and CN, and 80 of these letters support CN's request that the
Board approve its voting trust agreement and ask the Board to approve that proposed voting trust.
(Eight of the enclosed letters express support for both the proposed combination and the voting trust.)
CN looks forward to continued conversations with its customers and other interested parties about the proposed KCS/CN combination and why it presents the best
solution for the continued growth, development, and prosperity of the North American economy.
Author unknown.
(because there was no image with original article)
(usually because it's been seen before)
provisions in Section 29 of the Canadian
Copyright Modernization Act.