(Source: Calgary Herald, March 23, 2012)
CALGARY, Alberta — Canadian Pacific Railway Ltd nominated activist investor William Ackman for election to its board of directors on Thursday, the latest twist in a drawn-out proxy battle with his Pershing Square Capital Management. CP said it strongly disagreed with Ackman’s demand that the railway replace Green but said it remained open to having Ackman join its board.
Full story: Calgary Herald