(Reuters) - The New York Post reported that Pershing, led by founder William Ackman, has raised $2 billion for a fund that will be dedicated to targeting a shareholder activism assault on "one specific, iconic, American company."
The story cited potential investors in the fund as saying the company Ackman will target has a division that has "to have its value unlocked," a division to be sold and one division that is "is misunderstood."
Read more at Reuters.com Hot Stocks News
The story cited potential investors in the fund as saying the company Ackman will target has a division that has "to have its value unlocked," a division to be sold and one division that is "is misunderstood."
Read more at Reuters.com Hot Stocks News
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