Bill Ackman’s Pershing Square Capital Management L.P., plans to sell up to 29 percent of its stake in Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP). New York hedge fund manager Bill Ackman owned Pershing Square in its regulatory filing Monday, reported it plans to sell up to 7 million of its shares in the Calgary, Alberta company, as a result of its strong performance in the stock market. Bill Ackman’s Stake In Canadian Pacific: The hedge fund first started investing in Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) shares in September 2011. Since then the stock price tripled making the hedge fund’s stake…
Bill Ackman Plans To Sell 7 Million CP Shares
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports