Bill Ackman’s Pershing Square Capital Management said Tuesday it increased its stake in Canadian Pacific Railway (CP, CP.T) to 14.2% from 12.4% after buying three million shares this month. In the regulatory filing, Pershing, led by value investor Bill Ackman, didn’t update the progress of its discussions with the railroad’s management.
On Dec. 1, Pershing said it was seeking unspecified changes to Canadian Pacific’s business.
ValueWalk's Raul Panganiban interviews Joseph Cioffi, Author of Credit Chronometer and Partner at Davis + Gilbert where he is Chair of the Insolvency, Creditor’s Rights & Financial Products Practice Group. In the interview, we discuss the findings of the 3rd Annual report. Q2 2021 hedge fund letters, conferences and more The following is a computer Read More