Ackman to hold public meetings to pressure Canadian Pacific

Guest · September 23, 2014, 8:48pm

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CP_RAILFAN1 · January 30, 2012, 2:32pm

What makes the list of people Ackman wants on the board qualified? Oh, that’s it; one is a restructuring specialist. I see where this is going. Good-bye 2816 and Holiday Express. And why hold the meeting in Toronto? CP headquarters are in Calgary. Is it because there is more support for Ackman from financial folks in Toronto than there would be in CP’s backyard?

tomstamey · January 30, 2012, 6:20pm

If Ackman was so upset with CP management he should not
have bought that stock. It’s just corporate rading again. He could have used the money to buy Prudhoe Bay trust stock and earned a nifty 7 % though dividends alone plus any appreciation.

David_S · January 31, 2012, 12:24pm

I agree with Mr. Stamey.

I know a CN engineer who hated Harrison and is very happy that he’s gone.

KENNETH_PACKARD · January 31, 2012, 10:02am

Ackman needs to follow the example of Buffet’s purchase of the BN.

W_COOK · January 31, 2012, 10:37am

If CP sells the D&H, I hope the buyer is interested in taking the #2816 with the deal.

KENNETH_PACKARD · February 1, 2012, 10:06am

The main problem CP has is its francise. They should look at the
Iowa Interstate and KCS.

FRED_STEFFEN · February 6, 2012, 4:12pm

I hope the slate of new board members are rail oreinted or

it may turn out badly. the bottom line of financial statements

don’t always indcate whats actual railroading

GEORGE_H_FRANCE · February 7, 2012, 10:22pm

Harrison was handed a big dept free Railroad paid for by Canadian Taxpayers, so it was soon profitable. Canadian Pacific built itself and pays its own debts. It had a bad winter 2010 due to heavy snows. C.P.R. is well managed with loyal, efficient crews and is moving ahead as it is. Harrison alienated many customers and train personnel. Let CPR move ahead as it is.