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 To Delay Discussing Target's (TGT) Real Estate Structure Until Next Year
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Target (TGT) Turns Down Real Estate Structure Ideas from Pershing Square
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Quarterly Data Confirms Hedge Funds Exited Stocks In A Big Way
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Ackman's Pershing Square 13F; Shows New Stakes in Visa (V) and MasterCard (MA)
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Ackman's Pershing Square Shows New 2.7M Shares Stake in Visa (V)
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Ackman's Pershing Square Shows New 570K Shares Stake in Mastercard (MA)
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Bill Ackman Says GM (GM) Should Go Bankrupt
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EMC (EMC) volatility Elevated at 82
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Ackman's Hedge Fund Shows 39.9M Share Stake in EMC (EMC)
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Target Corporation (TGT) Responds To Real Estate Structure Ideas from Pershing Square, LLP
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Pershing Square's Bill Ackman Finishes His Target (TGT) Spin Off Speech
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Ackman Said It Would Be Difficult For Sears Holdings (SHLD) To Do This Type Of Deal
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Comments from Pershing Square's Bill Ackman On Target (TGT)
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Comments from Pershing Square's Bill Ackman On Target (TGT)
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Comments from Pershing Square's Bill Ackman On Target (TGT)
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Pershing Square's Bill Ackman Is Currently Speaking About Target (TGT)
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Retail Stocks Move Higher on Ackman/Target (TGT) News
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Target (TGT) Confirms It Is Reviewing Real Estate Structure Ideas from Pershing Square
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Ackman's Pershing Square To Host Public Presentation on Target (TGT) on 10/29
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Top 10 News Items 10/6-10/10: Dow Plunges 18% This Week; UK to Inject Capital Into Banking System; Iceland Melts-down, Seizes Largest Bank
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Ackman's Pershing Square Discloses 11.91% Stake in Wendy's/Arby Group (WEN)
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Ridiculous Short Selling Ban Is Over, Alleluia
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Bill Ackman Thinks The Fannie Mae (FNM)-Freddie Mac (FRE) Bailout Will Have To Be Redone
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Pershing Square's Ackman Is Excited About AIG
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Guess Ackman's First Investment In The Financial Sector In Five Years?
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Ackman Answers A Question On Sears Holdings (SHLD)
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More Color From Ackman On Wachovia (WB)
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Other Bidders For Wachovia (WB)?
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Why Bill Ackman Is Long Wachovia (WB)?
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Ackman Says SEC Rule On Banning Short Selling Was Extremely Bad For The Markets
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Ackman Discloses He Bought 180M Shares of Wachovia
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StreetInsider.com Reporting From Value Investing Congress Today
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Walgreens Tops CVS's Offer for Longs Drug Stores (LDG)
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Bill Ackman Cashes In On Fannie, Freddie Short (FNM, FRE)
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Large Longs Drug (LDG) Holder Advisory Research Questions Merger with CVS (CVS)
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Best Trade Ever - Ackman Scores Big on Longs Drug Stores (LDG)
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Ackman's Pershing Square Builds 8.8% Stake in Longs Drug Stores (LDG)
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Bill Ackman Said He Is Short Fannie and Freddie, Introduces Plan to Reorganize The GSEs (FNM, FRE)
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Borders (BGP) First-Round Bids Were Called For This Week-FT
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Take A Page Out of Seth Klarman's Book and Buy Borders (BGP)
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Borders (BGP) Announces Strategic Alternatives Process Still Ongoing
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Reports Barnes & Noble (BKS) Exploring Bid for Borders (BGP)
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Borders Group (BGP) Closes Pershing Square Financing Agreement
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Catenacci/Principled Asset Boosts Stake in Border Group (BGP) to 5.73%
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Borders (BGP) Finalizes Funding Deal with Pershing Square On Improved Terms
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Borders Group (BGP) Volatile As Company Weighs Options
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Unusual 11 Mid-Day Movers 3/20: CCOW, NRGN, DITC, MFA Higher; EPIX, CIT, BGP, TMA Lower
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Pre-Open Movers: Winnebago (WGO) Sinks On Poor Results, Borders (BGP) Up On Earnings/Strategic Review
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Borders (BGP) Gets Much Needed Funding From Ackman's Pershing Square
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Borders Group (BGP) Tops Q4 EPS by 2c; To Review Strategic Alternatives
