Entries tagged "Pershing Square Capital Management LP"
Target announces that shareholders have re-elected the retailer's board, defeating a proxy by William Ackman.
Activist hedge fund manager William Ackman of Pershing Square Capital Management LP appears to have had a mixed 2008, which is more than can be said for most of his peers. In 2008 he had some losses, which he can thank to investments in retailers, but he also had some winning bets, including an unlikely one. ...
Minority stake holder of General Growth Properties Inc. -- Fidelity Investments -- sees hedge fund manager William Ackman's Pershing Square Capital Management LP's recent purchase of 20% of the REIT as a catalyst that may help to turn around the beleaguered company. Shares of General Growth jumped as much as 98% in Tuesday trading on news of the Pershing purchases, which were made over a period of time in November, according to a Bloomberg report that cited an SEC filing. ...
