Voting dynamics, for BoD elections and within a BoD itself, has long interested us, both theoretically and practically. One scholar and consultant, Travis Dirks, of Rotary Gallop, has applied rigorous logic to understanding these dynamics. We've written about his work previously.

Travis put together an analysis of the vote dynamics in the current fight between Bill Ackman at Pershing Square and Canadian Pacific Railway. We are pleased to yield our blog to his write-up of the situation, in a current blog post.