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Expert Analysis

Debunking The Myth: Why Activism Is Tough In Canada

Law360, New York (April 28, 2015, 12:15 PM EDT) -- Much has been written and said about how hospitable to shareholder activism Canada is compared to the United States. Commentators point to Pershing Square's stunning victory over Canadian Pacific Railway in 2012 and its even more stunning gains on the investment since then in support of their thesis. Indeed, there are aspects of Canadian law that, at least superficially, are very shareholder-friendly. For example:...

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