Bill Ackman is planning an office fit for a hedge-fund kingpin at the far West Side building he recently purchased for $255.5 million in partnership with Georgetown Co. Mr. Ackman, who hopes to... To view the full story, click the title link.
Despite a sharp sell off in stocks this August, hedge fund activist Bill Ackman's inclination is to simply do nothing. There's a good chance that's the right perspective to survive a summer swoon in markets.
Pershing Square Holdings, the $7.4 billion publicly-traded vehicle led by Bill Ackman, has erased all of its gains in a matter of weeks and is now down for the year. Ackman said in an investor update: "However there has been significant...Show More Summary
Pershing Square's Bill Ackman sees far more in the rapidly changing foods industry than simply an opportunity to buy stocks that will soon be taken out by acquisition hungry giants such as Kraft Heinz. Last week, when the Wall Street Journal first reported Pershing Square's $5.5 billion stake in Mondelez, the immediate [...]
On Monday, we got some color on Hillary Clinton’s $350 billion plan to make college more affordable. Students and former students across the country owe more than $1.2 trillion in college loans, and as Bill Ackman so eloquently put it...Show More Summary
Take this threat seriously, Rupert.
Warren Buffett — billionaire investor, philanthropist, Bill Ackman dream-crusher. Last week The Wall Street Journal reported that Ackman's hedge fund, Pershing Square, had taken a $5.5 billion stake in Mondelez, the snack company behind Oreos and Ritz crackers with a $74.8 billion market cap. Show More Summary
Bill Ackman has taken a stake in the $75 bln Mondelez, seemingly predicated on the possibility of putting it back together again with Kraft. Meantime there’s talk of successful tech spinoff VMware absorbing its parent EMC. It’s fantasy season for all the Street’s men.
Heidi Gutman/CNBC Pershing Square Capital Management and Bill Ackman took a big bite out of Mondelez International (MDLZ). The activist investor announced that the firm plans to disclose a $5.5 billion stake in the food company that makes Ritz crackers and Nutter Butter bars. Ackman will push for the company to drive revenues, cut costs and possibly put [...]
Links to the best reading for funds investors: BlackRock (BLK) turns to quants and Big Data to turn around active equity funds — Jessica Toonkel, Reuters Fear and loathing of bond ETFs — Julie Segal, Institutional Investor Bill Ackman has taken a massive stake in Mondelez International (MDLZ) — Alexandra Stevenson, NYT DealBook Hedge fund Elliott [...]
Activist investor Bill Ackman has made the food and beverage multinational Mondelez International his newest target. The hedge fund manager is likely to push for the company to cut costs or sell itself to a rival, according to The Wall Street Journal. Show More Summary
Bill Ackman has taken a $5.5 billion position in snack food company Mondelez, according to The Wall Street Journal. According to the Journal, Ackman has amassed a 7.5% stake in the company when options contracts are included, and this stake could be revealed as soon as Thursday morning. Show More Summary
(Reuters) - Activist investor Bill Ackman has built a $5.5 billion stake in snacks company Mondelez International Inc, the Wall Street Journal reported. Ackman is expected to reveal his stake, which amounts to about 7.5 percent including options and forward contracts, on Thursday, the newspaper reported, citing people familiar with the matter. Show More Summary
According to the Wall Street Journal, many a business school student is worshiping at the alter of activist investing in general and Bill Ackman specifically.
We've heard that hedge fund titan Bill Ackman wants to put a tennis court on the roof of Pershing Square Capital's new office building. This month, Ackman and commercial real-estate firm The Georgetown Company purchased an old Ford dealership building on Manhattan's far West Side for more than $250 million, Commercial Observer reported. Show More Summary
Activists Nelson Peltz and Bill Ackman were guests this morning with Jim Cramer at the “Discovering Alpha” conference the network is co-sponsoring along with Institutional Investor, and both were asked about technology as a target of activism. Both suggested they shied away from tech because of the nature of the business. “I think both Nelson and I [...]
Sack up, Ackman.
You think the recent sell off in China was bad? You ain’t seen nothing yet. That’s the message from Bill Ackman, famed captain of hedge fund complex Pershing Square Capital. Beth Jinks and Simone Foxman at Bloomberg report that Ackman thinks the current state of fast-moving markets in Shanghai and Shenzhen look worse than the [...]
McDonald's is in for a tough turnaround, but it's not dead according to a pair of billionaire hedge fund managers.
Activist titans Nelson Peltz of Trian Fund Management and Bill Ackman of Pershing Square weighed in on how to fix McDonald's. The largest global fast-food chain has struggled in recent years, especially in the US. At the CNBC/Institutional...Show More Summary