Bill Ackman has an immediate challenge at Canadian Pacific ( CP ) with a strike by workers that has shut down a number of railroad lines. Union officials say that worker rules and the company's plans to slash a pension plan are major negotiating points. Post your comment!
… 72-hour strike notice from some 5,000 unionized workers, meaning a work stoppage could come Wednesday - this following Bill Ackman 's proxy-fight victory . Negotiations over touchpoints like pension benefits are set to continue for now. Post your comment …
CALGARY, May 17 (Reuters) - Activist investor William Ackman said on Thursday he will meet all candidates to replace Fred Green as chief executive of Canadian Pacific Railway Ltd .
TORONTO, May 17 (Reuters) - Canadian Pacific Railway Ltd : * Pershing squares william ackman says "will not make progress overnight" at
Out with the old, in with the new: After winnining his proxy fight at Canadian Pacific ( CP +1.8% ), Bill Ackman will see his slate of seven nominees ascend to the board - setting off high hopes for a company tagged as a bit "stodgy." While …
May 17 (Reuters) - Canadian Pacific Railway Ltd Chief Executive Fred Green resigned on Thursday in the final hours of a proxy battle with activist shareholder William Ackman 's Pershing Square Capital Management.
Shares of Canadian Pacific ( CP ) move up 3.1% in premarket trading after word breaks that Bill Ackman has won his battle as four directors, the CEO, and Board Chairman all step down just hours before a shareholder vote in Calgary …
TORONTO, May 17 (Reuters) - Canadian Pacific Railway Ltd Chief Executive Fred Green resigned on Thursday, handing activist shareholder William Ackman a clear victory after a bruising proxy battle...
… Pershing Square Capital Management, including its CEO, William Ackman . Shareholders voted on three matters: the appointment ..... Pershing Square slate, plus 9 of the existing CP directors: William Ackman , Gary Colter, Richard George, Paul Haggis, Paul Hilal …
… These actions follow more than six months of assertive lobbying for change by Pershing Square Capital Management and its CEO, Bill Ackman , who seeks to install his proposed slate of additional directors and to introduce former Illinois Central and Canadian National …