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Melinda Gates becomes CN Rail’s sixth biggest shareholder after stock transfer following divorce announcement

ERIC ATKINS-TRANSPORTATION REPORTER May 5, 2021 -The Globe And Mail   Microsoft Corp. cofounder Bill Gates’ investment fund has transferred 14 million shares of Canadian National Railway Co. worth about $1.8-billion to Melinda French Gates, shortly after the couple announced their divorce. The move makes Ms. Gates the sixth-biggest shareholder in CN, Canada’s largest railway, according to Thomson Reuters Eikon data. Mr. Gates’ Cascade Investment LLC remains CN’s largest shareholder, with more than 101 million shares worth C$13.5-billion. The couple’s charity, the Bill and Melinda Gates Foundation, owns 13.9 million shares of CN. In a filing with the U.S. Securities and Exchange Commission posted on May 4, Cascade said it transferred to Ms.Gates “for no consideration” the CN shares and [...]

May 5, 2021|Categories: Breaking News|0 Comments

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Covid has made celebrities out of public officials we’d never have heard of – no wonder they don’t want restrictions to end

May 5, 2021|Categories: Current Events, Opinion|

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