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March 29, 2012

CP arguments may not sway investors against Pershing plan, analysts say

Scott Deveau
National Post
Canadian Pacific Railway Ltd. may have made some valid arguments against a management shakeup at an investor day in Toronto but several analysts questioned Wednesday whether it would be enough to dissuade shareholders from backing the push for change being led by activist investor Bill Ackman and his Pershing Square Capital Management LP.

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