Billionaire activist investor William Ackman has liquidated a $1.1 billion bet on Netflix, and booked a loss of more than $400 million. The development comes at a time when the video streaming company reported a loss of subscribers for the… Read More ›
Pershing Square Capital Management
Pershing Square Capital Management takes new position in Netflix Inc
With Netflix Inc’s shares touching a new low last Thursday, William Ackman has built a new stake worth $1 billion in the streaming service company. In a message to investors, Ackman said his hedge fund, Pershing Square Capital Management, had… Read More ›
William Ackman’s Pershing Square Capital Management takes a stake in Hilton Worldwide Holdings, again
In 2018, William Ackman’s Pershing Square Capital Management has been one of the few activist investor hedge funds which has managed to deliver high returns. In a significant development, for the second time in two years billionaire investor William Ackman… Read More ›
William Ackman’s Pershing Square Capital Management building stake in United Technologies
William Ackman has let it be known that Pershing Square has reversed its position vis-a-vis Herbalife and is now building up a position in aircraft parts maker United Technologies Corp. Despite the fact that 6 years ago William Ackman, billionaire… Read More ›
Pershing Square Capital Management likely to nominate directors at Automatic Data Processing
The activist hedge fund has stated it is willing to work with the existing board to improve its operating margins. William Ackman’s Pershing Square Capital Management has disclosed, it plans on nominating directors to Automatic Data Processing Inc’s 10 member… Read More ›
Activist investor Trian Fund Management LP takes a $3.5 billion stake at P&G
While this marks the largest ever investment by an activist investor in Proctor & Gamble, it is interesting to note that the company has made significant strides in boosting its revenues in the last quarter especially in the healthcare and… Read More ›