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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Pershing Square Tontine Holdings, Ltd. Releases Letter to Shareholders
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Ackman says SPAC does not need to be registered, pushes back on lawsuit
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Analysis-SPAC u-turn mars Ackman's hedge fund pivot
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Pershing Square Tontine (PSTH) board determined not to proceed with the Universal Music Group transaction
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Vivendi (VIVHY) Drops in Paris Trading as Bill Ackman's SPAC Pulls Out of Deal to Buy 10% of Universal Music
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Pershing Square Holdings, Ltd. Provides Update to Investors
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Pershing Square Tontine Holdings, Ltd. Releases Letter to Shareholders
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Ackman sees path to possible U.S. listing for Universal, working on next deal
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Bollore scores win as Vivendi investors back $39 billion Universal spin-off
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Pre-Open Stock Movers 06/04: (SENS) (WINT) (FIVE) Higher; (PSTH) (PD) (SUMO) Lower (more...)
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Pershing Square SPAC Merger Announcement Falls on Deaf Ears, Shares Fall 10%
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Warner Music Group Corp. (WMG) Trading at Discount to Reported Universal Music Group SPAC Deal - Analyst
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Pershing Square Tontine (PSTH) Confirms Discussions to Acquire 10% of the Ordinary Shares of Universal Music Group for Approximately $4 billion
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Pershing Square Holdings, Ltd. Provides Update to Investors
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Pershing Square Tontine Holdings, Ltd. (“PSTH”) Confirms Discussions to Acquire 10% of the Ordinary Shares of Universal Music Group (“UMG”) for Approximately $4 billion, Representing an Enterp
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After-Hours Stock Movers 06/03: (SENS) (ASAN) (FIVE) Higher; (PSTH) (PD) (SUMO) Lower (more...)
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Ackman's Pershing Square Tontine (PSTH) nears transaction with Universal Music - WSJ
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Ackman says hopes to make announcement on SPAC target within weeks
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Bill Ackman said he is hoping Pershing Square Tontine (PSTH) will be completed in weeks - Bloomberg
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Bill Ackman said has he been working on a transaction for Pershing Square Tontine (PSTH) for months
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Pershing Square Holdings, Ltd. Issues 2020 Annual Report and Financial Statements, Announces Annual General Meeting and Proposes Three New Directors
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Ackman's Pershing Square said it will not be able to announce a deal for SPAC Pershing Square Tontine Holdings, Ltd. (PSTH) this quarter
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Pershing Square Tontine Holdings, Ltd. Notes Disclosure
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Bill Ackman Stirs Up SPAC Investors With Series of Tweets
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Michael Bloomberg was in talks to sell a minority stake in Bloomberg LP to Bill Ackman's blank-check company Pershing Square Tontine Holdings, Ltd. (PSTH) - NYP
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Apollo Global affiliate looks to raise $750 million for new blank-check company
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Airbnb is Said to Have Rebuffed Approach from Ackman SPAC, No Talks Ongoing - Bloomberg
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Pershing Square Tontine Holdings (PSTH) IPO Opens at $21 After Pricing at $20
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Bill Ackman's Pershing Square Tontine Holdings (PSTH) SPAC Prices at $20/Unit, Raising $4 Billion
