A proxy fight over Canadian Pacific Railway Ltd. culminates this week as the combatants converge on Calgary for the company's annual general meeting on Thursday.
The battle intensified in late December, when it emerged that Pershing Square Capital Management LP had enlisted former Canadian National Railway Co. boss Hunter Harrison to its campaign to oust current CP chief executive officer Fred Green.
Investor activist and Pershing Square CEO Bill Ackman now has the momentum in the days leading up to CP’s annual meeting of shareholders on Thursday – the deadline for casting votes to elect directors to the railway’s 16-member board.
Please join us as Globe and Mail transportation reporter Brent Jang reports live from the meeting, starting at 8/10 a.m. (MT/ET).
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