August 3, 2016 / 10:02 PM / a year ago

BRIEF-Canadian Pacific says Pershing square sells stake in co

Aug 3 (Reuters) - Canadian Pacific Railway Ltd

* Canadian pacific railway limited announces sale of its common shares by Pershing Square

* On closing of today’s sale of 9,840,890 shares, funds managed by Pershing Square will not own any shares of Canadian Pacific

* Canadian pacific is not selling any common shares in offering

* Commencement of a public offering of 9,840,890 of canadian pacific’s common shares by certain funds managed by pershing square

* Says will not receive any of proceeds from offering of common shares by funds managed by Pershing Square Source text for Eikon: Further company coverage:

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