How does Magna Glove Plus cancel hits, and does a later Natural keep the Glove ability?

Question

Accepted Answer

Magna Glove Plus cancels two hits when it is played. After that, each Natural you play for the rest of the game has Glove and can cancel one more threatened hit, and a Natural that already has Glove resolves it again.

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How does Magna Glove Plus cancel hits, and does a later Natural keep the Glove ability?