William Ackman
Bill Ackman runs hedge fund Pershing Square Capital, which he started in 2003 following the dissolution of Gotham Partners.
Ackman is a value investor with an activist bent. Activist investors agitate management for changes. He owns large positions in Target (NYSE: TGT) and Borders (NYSE: BGP). He has also been involved in activist situations at Wendy's (NYSE: WEN) and McDonald's (NYSE: MCD).
Ackman proved his acumen as a short seller in 2007/2008 as short positions he held in MBIA (NYSE: MBI) and Ambac (NYSE: ABK) proved to be big winners due to the credit crunch.
In July 2008, Ackman said he was short the common stock of Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE). Ackman also laid out a plan to reorganize the GSEs, which would wipe out the common shareholders.
View Older Stories View More Recent Stories
-
Genworth Financial (GNW) Up On Questionable Rumors
-
Best Buy (BBY) Upside Related to Ackman Rumors
-
Borders (BGP) Delays Payments to Some Publishers; Cites Need to 'Refinance Debt'
-
Canaccord Genuity Morning Coffee on Borders Group (BGP): Bordering on a Crisis?
-
Borders (BGP), Barnes & Noble (BKS) Merger Rally Extends Into Day Two
-
Unusual 11 Mid-Day Movers 12/06: VRGY, BGP, SHZ, CBRX, RDWR, PPO Higher; PTN, CYDE, LTXC, RMKR, MCOX Lower
-
Morning Movers 12/06: VRGY, CBRX, RDWR, BKS, GKK, BGP, CPD Higher; CSHB, RMKR, MCOX, CELG, DG Lower
-
Bill Ackman Offers To Finance a $16/Share Borders Group (BGP) Bid for Barnes & Noble (BKS)
-
Fortune Brand's (FO) Jim Beam Could Go to Britain's Diageo if a Split Occurs
-
Fortune Brands (FO) volatility elevated on cooperation with Ackman Wall Street Journal reports
-
Q3 Preview: Cash is Burning a Hole in JCPenney's (JCP) Pockets (KSS, M, SHLD)
-
Ackman Holding Bullish Stance on US Consumers
-
Goldman Sachs Downgraded Fortune Brands (FO) to Neutral, Sees Limited Upside
-
Baird, Longbow Cut Fortune Brands (FO) to Neutral as Ackman Becomes Largest Shareholder
-
Ackman's Pershing Square Builds 11% Stake In Fortune Brands (FO)
-
Fortune Brands (FO) option volume and volatility increases on Pershing Square stake
-
CNBC reporting that Bill Ackman takes a 11% stake in Fortune Brands Inc. (NYSE: FO) - CNBC
-
Bill Ackman Aggressively Accumulates J. C. Penney (JCP), Becomes Largest Holder
-
Bill Ackman's Pershing Square files 13D on J.C. Penney (NYSE: JCP) shows 16.5% stake
-
Ackman's Pershing Square Short BP (BP) Through Credit Default Swaps
-
Top 10 News Items: M&A Market Heats Up with Intel/McAfee, BHP/Potash Deals, GM Files for IPO
-
Ackman's Pershing Square Shows New Stake in ADP, Confirms Citigroup (C) Stake
-
Ackman's Pershing Square Confirms Stake in Citigroup (C) - 13F
-
Ackman's Pershing Square Shows Large Stake in ADP - 13F
-
General Growth Properties (GGP) Amends Reorg and Investment Agreements
-
General Growth Properties (GGP) Subsidiary Registers $2.15B in Exchangeable Notes
-
ARC Wireless (ARCW) Appoints Gordon Bernstein as a Director
-
General Growth Properties (GGP) Files Plan of Reorganization
-
General Growth Properties (GGP) Gets $500M Investment from Teacher Retirement System of Texas
-
Fertitta Co. Increases Offering for Landry's Restaurants (LNY) to $24.50/Share
-
Ackman Tells Investors Why He's Betting Big On Citigroup (C)
-
Bill Ackman Explains His Big Bet On Citigroup (C)
-
Stocks See Sharp Rally As Fears Ease
-
Big Buyers and Sellers Line-Up In Citigroup (C) As It Approaches Key Level
-
Ackman Buys 150M Citigroup (C) Shares
-
Ira Sohn Investment Conference Started
-
Top 10 News Items 5/17-5/21: Turmoil In Europe Crush the Euro, Leading to Protesting; Senators Approve Sweeping FinReg; Details of 'Flash Crash' Suggest It Was Pure Fear
-
Ackman's Pershing Square Loads Up On More Yum Brands (YUM) Brands, Discloses His Kraft (KFT) Position
-
SL Green Realty (SLG) Announces Three Major Transactions
-
Notable Mergers and Acquisitions of the Day 05/07: GIB/SXE, JKHY, GGP
-
Despite Sweetened Simon Property Offer, General Growth (GGP) Will Seek Approval For Brookfield Deal
-
Pershing Square Reiterates Opposition To Simon Property (SPG) Taking Over General Growth (GGP)
-
Fairholme's Berkowitz Said "I'm Done" Bidding for General Growth (GGP)
-
General Growth (GGP) Submits Revised $6.55B Investment; Gets $2B Backstop Offer from Brookfield, Pershing Square, Fairholme
-
Notable Mergers and Acquisitions of the Day 04/23: SHLD, CPEX, FAF
-
Sears Holdings (SHLD) Announces 18.66M Purchase of Canadian Shares; Sees Q110 Comps Up 1.7%; Updates on Financial Position
-
Notable Mergers and Acquisitions of the Day 04/22: CTL/Q, BAC, SPG/GGP
-
Simon Property Group (SPG) Announces Improved Terms for General Growth (GGP); Sends Letter to Company
-
Notable Mergers and Acquisitions of the Day 04/14: C, SPG/BAM/GGP, DCAI, NVR
-
Simon Property Group (SPG) Offers $2.5B Investment in General Growth (GGP) (BAM)

