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Tag: ackman
Ackman to Put Gains From Luxury Apartments Into Pershing Buyback
2018-06-06 18:26:47| National Real Estate Investor
The hedge fund manager personally holds a majority stake in Rittenhouse Hill, a luxury apartment complex thats one of the largest in Philadelphia.
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Ackman Launches Website on Herbalife
2016-06-22 14:58:00| Happi Breaking News
Continues quest regarding direct sales company.
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launches website
The government is pushing back against a merger Bill Ackman has been after for months
2016-04-05 18:09:07| Railroads - Topix.net
Activist investor Bill Ackman , chief executive of Pershing Square Capital, speaks with specialist trader Michael Cacace, at the post where Valeant Pharmaceuticals International Inc. is traded on the floor of the New York Stock Exchange November 10, 2015. The head of the House Transportation and Infrastructure Committee has expressed his opposition to a merger between railroad companies Norfolk Southern and Canadian Pacific.
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Valeant is looking for a new CEO and has named Bill Ackman to...
2016-03-21 23:21:00| Biotech - Topix.net
"I am looking forward to working with the board to identify new leadership for Valeant," Ackman said in a statement. The company's board also said it asked its former CFO Howard Schiller to tender his resignation as a director, but he has not done so.
Valeant stock suffers worst-ever day as activist Bill Ackman pledges proactive role
2016-03-16 03:53:00| Biotech - Topix.net
Activist investor Bill Ackman said Tuesday his Pershing Square Holdings Ltd. hedge fund would take a "much more proactive role" in protecting its losing investment in Valeant Pharmaceuticals International Inc., after a grim outlook and fears of a possible default sent that stock sharply lower. closed down 51% at $33.51, marking their worst-ever one-day performance, after the company slashed earnings and sales guidance and said it may breach loan covenants if it fails to produce an already delayed annual report by April.