Aug 3 (Reuters) - Canadian Pacific Railway Ltd CP.TO
* Canadian pacific railway limited announces sale of its common shares by Pershing Square (NYSE:SQ)
* 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: ID:nCNWk28BQa Further company coverage: CP.TO