Scott Sullivan

CP is just latest example of a firm changed by hedge funds By Kai Li The media frenzy in Canada over U.S. hedge fund Pershing Square’s now-successful proxy battle at Canadian Pacific has been totally unprecedented. The bashing of Pershing that we’ve seen begs the question of whether hedge funds are opportunistic investors or corporate saviours acting in the interest of investing shareholders. Related Bill Ackman has his day and his way at CP Rail annual meeting First of all, ...

AFTER an absence of one season, the Under 21 inter-provincials returned this weekend to Cork and the abundance of talent on show, proved just how healthy the game is across the island. A very strong Ulster side opened their account with a 2-0 win over hosts Munster, while Leinster were held to a 1-1 draw by the Irish U18s. Owen Magee put Ulster in front on five minutes, when the Banbridge player smashed home a reverse shot after the ball went loose in the Munster circle. And on 46 minute...