Ackman to face investor grilling after record quarterly loss

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Pershing Square's Ackman Says Valeant (VRX) was Passive Holding Until Recent, Board Focused on CEO Search

April 6, 2016 10:10 AM EDT

Valeant Pharma (NYSE: VRX) shares are active as Bill Ackman discusses the stock during Pershing Square's Q1 call today.

Ackman said Valeant was a passive holding until recent months and that investors of the stock lost confidence in financials. He... More