Cp welcomes glass lewis call for kcs stockholders to "abstain" from voting to approve cn-kcs merger proposal

Second proxy advisor to call on kcs stockholders to adjourn stockholder meeting; provides detailed analysis including that some investors may see merger proposals as "equal at this juncture" calgary, ab, aug. 13, 2021 /prnewswire/ - canadian pacific railway limited (tsx: cp) (nyse: cp) ("cp") today welcomed proxy advisor glass lewis & co. llc's (glass lewis) recommendation that kansas city southern ("kcs") stockholders "abstain" from voting to adopt the proposed merger agreement between kcs and canadian national railway company ("cn"). glass lewis also noted that with cp's revised offer, investors may see the cn-kcs and cp-kcs proposals as "effectively equal at this juncture.
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