Ackman Calls Borders (BGP) Very Very Cheap
Tweet
Share
E-mail
At the Value Investing Congress today, activist investor William Ackman, founder of hedge fund Pershing Square Capital, called Borders (NYSE: BGP) a, "very very cheap stock."
Recently, Ackman's hedge fund disclosed they raised their stake in the book retailer to 17.1% (10,075,580 shares).
Ackman's fund also owns a large stake in Borders' rival Barnes & Noble (NYSE: BKS).
Recently, Ackman's hedge fund disclosed they raised their stake in the book retailer to 17.1% (10,075,580 shares).
Ackman's fund also owns a large stake in Borders' rival Barnes & Noble (NYSE: BKS).
You May Also Be Interested In
- Wolfpack Research: 'we are short FTK because their $400m deal has been canceled'
- Bernstein says this stock is best positioned for strong auto semiconductor growth
- This off-price stock is a Top Pick at Jefferies heading into results this week
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
