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TCI Funds Raises Serious Concerns About Integrity of Canadian National Board and Its Commitment to Good Corporate Governance
TCI Funds Raises Serious Concerns About Integrity of Canadian National Board and Its Comm...
About this update from Canadian National Railway Company
[{"type":"text","content":"\n \n \n \n TCI Funds Raises Serious Concerns About Integrity of Canadian National Board and Its Commitment to Good Corporate Governance\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen5{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen6{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnml40{\nMARGIN-LEFT:3.33em\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n \n \n \n \n \n \n PR Newswire\n \n \n \n \n \n Questions Egregious Breach by CN of Timely Disclosure Regarding Julie Godin's Resignation from Company Board of Directors\n \n \n \n \n LONDON\n \n ,\n \n Sept. 29, 2021\n \n /PRNewswire/ -- TCI Fund Management Limited, on behalf of itself and as investment manager of long-term shareholders CIFF Capital UK LP and The Children's Investment Master Fund (TCI Fund Management Limited, CIFF Capital UK LP and The Children's Investment Master Fund are referred to collectively as \"TCI\"), today delivered the following letter to the Board of Directors (the \"Board\") of Canadian National Railway Company (TSX: CNR) (NYSE: CNI) (\"CN\" or the \"Company\") raising serious concerns about its integrity and commitment to proper corporate governance practices.\n \n \n Specifically, CN failed to disclose the material development that\n \n Julie Godin\n \n had resigned from the Board on\n \n September 16, 2021\n \n in an appropriate and timely manner.  The full text of the letter is included below:\n \...