(Reuters) - Ackman's New York based fund firm Pershing Square Capital Management, which gained prominence for forcing change at a number of high-profile American companies, began buying shares in the Minneapolis-based retailer in April.
Pershing Square was able to build the position quickly after another large investor sold, someone familiar with the matter said. As required by law, Ackman disclosed the stake in a filing with U.S. financial regulators on Monday.
Read more at Reuters.com Business News
Pershing Square was able to build the position quickly after another large investor sold, someone familiar with the matter said. As required by law, Ackman disclosed the stake in a filing with U.S. financial regulators on Monday.
Read more at Reuters.com Business News
No comments:
Post a Comment