Bill Ackman Has $1.8B in P&G (PG) Stock

July 18, 2012 5:14 PM EDT Send to a Friend
At CBNC's Delivering Alpha conference, hedge fund investor Bill Ackman disclosed he has $1.8 billion in Procter & Gamble Co. (NYSE: PG) stock plus options.

Akcman said he "looks forward" to meeting CEO Bob McDonald.

Earlier, the P&G board made a statement on McDonald, saying they "unanimously" support him and his plans.


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