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.
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Top 10 News Items 3/8-3/12: Retails Sales Jump, AIG (AIG) Has Another Huge Sale, PotashCorp (POT) Raises Guidance, Citigroup (C) Surges
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Notable Mergers and Acquisitions of the Day 03/09: GGP, REED/JSDA, SHS
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Large General Growth Properties (GGP) Investors Seek to Invest $3.93B of New Equity Capital
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General Growth Properties (GGP) Receives Proposal for $3.925B in New Equity Capital from Fairholme and Pershing Square
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After-Hours Movers 3/8: HOKU, SYX, FRPT, TIBB, GAIA, GGP Higher; MVIS, WX, SUSQ, CASY Lower
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Fairholme, Pershing Square Could Jointly Invest $3.93B in General Growth Properties (GGP)
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Bill Ackman's Pershing Square Q4 13F Breakdown: Takes Some Profit in Target, Adds Positions in Hyatt, Landry's
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Simon Property (SPG) Launches $10 Billion Bid for General Growth Properties (GGWPQ), But GGP Shareholders Want More
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Unusual 11 Mid-Day Movers 2/8: IIG, CFSG, PNX, HAS Higher; CTIC, SHIP, NVAX, NBG Lower
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Top 10 News Items 2/1-2/5: 9.7% Unemployment Rate Surprises the Market, Dow Breaks 10,000, But Recovers, Troubles at Toyota Continue
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Borders Group (BGP) Sees Continued Interest On Positive Ackman Comments
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Borders Group (BGP) Jumps After Ackman Said Co Has Better Risk/Reward Compared to Barnes & Noble
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Landry's Restaurant (LNY) volatility low on uncertainty Pershing Square stake
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Ackman's Pershing Square Buys 2% Stake in Kraft (KFT), Says Stock Undervalued
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Bill Ackman Said Short Thesis on General Growth Properties (GGWPQ) Is Wrong, Says Stock Worth $24-$43
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Landry's Restaurant (LNY) volatility low on activist stake and controlling shareholder's intention
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Bill Ackman Likes Corrections Corp. of America (CXW)
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Realty Income (O) Flat Today After Yesterday's Ackman-Related Sell-Off
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Ackman's Pershing Square Shows New Stake In ADP (NYSE: ADP)
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Bill Ackman's Pershing Square Lowers Overall Position In Target (TGT), But Boosts Common Stock Holdings
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Top 10 News Items 5/26-5/29: GM Confirms Support of UAW-Represented Employees on Amended Contract, But Bankruptcy Still Likely; Yield Curve Steepens to Record Levels; Oil, Gold Surge
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Ackman Wins For Losing In Target (TGT)
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Target (TGT) Shareholdrers Re-Elect Company Slate, Target Says - Bloomberg.
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The Target (TGT), Pershing Square Battle Continues
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Pershing Square Responds to Target's (TGT) Recent Press Release
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Target (TGT) Issues Statement Countering Pershing Square Comments
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Highlights From TGT's Q1 Conference Call: Guidance Remains Sound
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Ackman Gains Some Ground On Getting Target (TGT) Board Seat
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Ackman's Pershing Square Shows New Stake In Yum Brands (YUM), Raises Apartment Investment (AIV)
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Bill Ackman Discusses Target (TGT) Board Plan On Bloomberg TV
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Borders (BGP) Continues Its Run
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Pershing Square Responds to Target's (TGT) Objection to Universal Ballot Proposal
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Pershing Square's Bill Ackman Says Banks Are Insolvent (C, BAC)
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General Growth Properties (GGP) Files Chapter 11 Bankruptcy
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General Growth Properties (GGP) Continues Volatile Action, Recent Trend Is Up But Risks Remain
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Bill Ackman's Target (TGT) Fund Rose 48% Last Month
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General Growth (GGP) Sees Upside Action
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Target (TGT) to Let Shareholders Vote on Size of Board
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Borders Group (BGP) Announces 1-yr Extension on Pershing Square Loan
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Ackman Sends Letter to Target (TGT) Board: Wants Additional Board Nominee, Threatens Arbitration
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Target (TGT) Will Not Recommend Ackman or Suggestions By Pershing Square For Board
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Bill Ackman will to propose himself and 4 other candidates for Target's (TGT) Board of Directors - Bloomberg
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Bill Ackman Talking With Target (TGT) About Board Seats; Sold Call Options
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Top 10 News Items 2/17-2/20: Obama Unveils Housing Plan; Financials Continue Getting Smashed; GM Asks for Additional $4.5B

