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NOT A SUBSCRIBER?Ackman takes aim at TargetPosted on March 17, 2009 1:30 PM
Activist investor William Ackman is advancing his campaign at Target Corp. with plans to nominate himself and four others to the discounter retailer's board.
New York's Pershing Square Capital Management LP, the investment vehicle run by Ackman, said in a statement Tuesday it had notified Minneapolis-based Target of its intention to nominate a slate of five candidates at its 2009 annual meeting. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools.
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