Pershing Square Capital Management is lead by Bill Ackman, best known for his bets against short-term downward moves, and its primary stock holdings include Allergan, Inc. (NYSE:AGN), Canadian Pacific Railway Limited (USA) (NYSE:CP), Air Products & Chemicals, Inc. (NYSE:APD). The recent SEC 13F filing of Pershing Square Capital Management on November 14 reflects portfolio value…
Canadian Pacific Railway Limited (USA) (CP) and CSX Corporation (CSX) Are Potential Merger Candidates
In one of the most interesting revelations of the week from Wall Street Journal, Canadian Pacific Railway Limited (USA) (NYSE:CP) is known to approach CSX Corporation (NYSE:CSX) for a potential merger between the two railroad operators. According to WSJ, Canadian Pacific Railway made the offer last week only to have it rejected by CSX management,…