(Source: Globe and Mail, March 27, 2012)
TORONTO — Canadian Pacific Railway Ltd.’s embattled chief executive officer has come out swinging against an American investor’s proposal to oust him, arguing that it is based on a flawed analysis of the company. Fred Green said CP will be launching an aggressive counterattack against criticisms levelled by Bill Ackman, CEO of New York-based Pershing Square Capital Management LP. That campaign gets under way today.
Full story: Globe and Mail