A US hedge fund who holds a 14.2% stake in CP is demanding Canadian Pacific Railway Ltd.’s oust their CEO.
And while we are on the subject of hedge funds who think they own the world, or at least Melancthon, the article titled "Was Baupost’s Mega-Quarry Investment A Mega-Mistake?' states that The Boston-based hedge fund owns a rumored 16% stake in the project, which has more than $40B in gross revenue potential. http://www.valuewalk.com/2012/01/21634/#.TwZJ-jX2a8A
So if Baupost owns 16%, who owns the other 84%?
In the Toronto Star article the locals were blamed for selling without asking questions. Here is the quote from Joseph Izhakoff: “To the extent they asked us, we said we were going to do farming; and we said there are other alternatives; and the question is, how much more did they ask?” says Izhakoff.
Shame on us lokal yokals for NOT asking for the truth instead we trusted what Highlands, Bruce and ole Mavis Wilson and Trevor Downey told us: world's biggest potato operation.
So lets not make that mistake AGAIN.
Start firing away the emails to any and all of these addresses and ASK who owns the other 84% of Highlands.