Activist investor Bill Ackman announced Monday he will trim his stake in the railway company he besieged in fall of 2011, Canadian Pacific Railway (CP). With lesser results in other recent investments at such as J.C. Penney (JCP) and Herbalife (HLF), the Pershing Square founder roughly doubled his money on this one.
Bill Ackman To Trim Largest Holding Canadian Pacific Railway - History And Analysis
Forbes - 6 Jun 2013 18:18
Activist investor Bill Ackman announced Monday he will trim his stake in the railway company he besieged in fall of 2011, Canadian Pacific Railway (CP). With lesser results in other recent investments at such as J.C. Penney (JCP) and Herbalife (HLF), the Pershing Square founder roughly doubled his money on this one.
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