Stephen Halperin quoted in "Beware activist shareholders, expert warns", The Globe and Mail
|Area||Corporate Finance and Securities|
Excerpt from "Beware activist shareholders, expert warns", by Janet McFarland:
Toronto securities lawyer Stephen Halperin of Goodmans LLP said Mr. Ackman only succeeded in propelling change at CP because he had strong support from other investors with interest in long-term performance who also wanted change at the company.
"Ackman could not have done what he did without the overwhelming support of the Canadian institutions, particularly the Canadian pension funds," Mr. Halperin said.
"They were quick to get behind him."
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