Pershing Square Capital Management

Amid a North-American-wide slump in traffic volume, falling prices for railroad-transported commodities like coal and oil, and an economy that appears to be increasingly unstable, Canadian Pacific, the second publicly…
Pershing Square Capital Management founder William Ackman reportedly is selling roughly US$800 million of his investment in Canadian Pacific Railroad, or roughly 5.9 million shares.
The stage has been set for Canadian Pacific’s annual shareholders meeting on May 17, where hedge fund Pershing Square Capital Management will attempt a takeover of CP and replace the…
Hedge fund Pershing Square Capital Management, led by activist investor William Ackman, said Thursday it has held “productive” discussions with Canadian Pacific Railway.