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Canadian National Railway Co T.CNR

Alternate Symbol(s):  CNI

Canadian National Railway Company is a transportation and logistics company. The Company's services include rail, intermodal, trucking, and supply chain services. The Company’s rail services offer equipment, customs brokerage services, transloading and distribution, private car storage and others. Its intermodal container services help shippers expand their door-to-door market reach with about 23 strategically placed intermodal terminals. Its intermodal services include temperature-controlled cargo, port partnerships, logistics park, moving grain in containers, custom brokerage, transloading and distribution, and others. Its trucking services include door-to-door service, import and export dray, interline services, and specialized services. Its supply chain services offer comprehensive services across a range of industries and product types. It transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year.


TSX:CNR - Post by User

Comment by autofocus111on Sep 10, 2021 11:27am
167 Views
Post# 33839828

RE:Just wondering

RE:Just wonderingYes. See p.133 of the merger agreement.

>>>As further described in the section below entitled “The Merger Agreement—Termination or Abandonment of the Merger Agreement,” if CN terminates the merger agreement due to the KCS board making a change of recommendation, or if KCS terminates the merger agreement to enter into a definitive agreement providing for a superior proposal, KCS will be required to pay a termination fee of $700.0 million to CN and to refund holdco the reimbursement of the $700.0 million termination fee paid by KCS to CPRL in connection with the termination of the CPRL merger agreement.


https://www.sec.gov/Archives/edgar/data/0000016868/000119312521196364/d107427df4.htm#rom107427_91
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