Loading... Please wait!

Against the odds: Ackman back at Canadian Pacific – why it matters

March 11, 2022 by Choice Aviation Services0Air Cargo

He’s alive!
Legendary activist investor Bill Ackman is back in the freight industry according to several market reports, which detail how the Ackman-controlled Pershing Square Capital had by the beginning of this week acquired just under 15m shares in $71bn-market-cap Canadian Pacific (CP) for a value close to $1.2bn, making it a top 20 shareholder.
CP and Ackman have history.
He was a major shareholder in the Canadian rail firm when it sought …

The post Against the odds: Ackman back at Canadian Pacific – why it matters appeared first on The Loadstar.

Source


Leave a Reply

Your email address will not be published. Required fields are marked *

Twitter

@aviation_choice - 1 year

5 Star: Sgt C. "They are very Professional and fast when you arrive. I never had a..."

@aviation_choice - 2 years

5 Star: Nancy E. "Everyone was professional but friendly, had knowledge from experience and had attention to detail…

Instagram