William Ackman Takes Stake in Canadian Pacific - 08 martie 2022

Billionaire investor William Ackman acquired a stake in Canadian Pacific Railway Ltd. (CA.CP) as the railroad seeks regulatory approval for its proposed $27 billion merger with Kansas City Southern. Mr. Ackman’s hedge fund Pershing Square Capital Management disclosed in a regulatory filing that it owned roughly 2.8 million shares of Canadian Pacific as of Dec. 31.