Activist investor confirms taking 2.8 million shares in Canadian Pacific

A photograph of a train hauling grain railcars through a mountain pass.

Pershing Square Capital Management, a New York-based hedge fund founded by CEO Bill Ackman, had acquired 2.8 million shares of Canadian Pacific, with a value of $202.4 million, by the end of 2021, according to a Monday 13F filing with the U.S. Securities and Exchange Commission.

Pershing Square had omitted the share acquisition from a Feb. 14 filing following a request for confidential treatment, which was subsequently withdrawn Friday. A media report Monday said Ackman has invested even more...

https://www.freightwaves.com/news/activist-investor-confirms-taking-28-million-shares-in-canadian-pacific

M&A radar: ‘Bill Ackman Logistics’ – shake a tail feather

One sector where Bill Ackman, founder and CEO of New York’s Pershing Square Capital Management, has work left undone is, without doubt, logistics.
For those who know him or at least are slightly familiar with the rise and fall of the activist’s various investment cycles – some luckier and more lucrative than others, for which he was really, really, really sorry – the possibility that he may get involved in supply chain is …

The post M&A radar: ‘Bill Ackman Logistics’ – shake a tail feather...

https://theloadstar.com/ma-radar-bill-ackman-logistics-shake-a-tail-feather/

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