Bill Ackman's Pershing Square Spac drops plans to acquire 10% of Universal Music Group

Bill Ackman's Pershing Square Spac drops plans to acquire 10% of Universal Music Group

By Christy Gren - Jul 20, 2021

Ackman’s maiden effort takes a turn by dropping the acquisition of 10% of the stakes in Universal Music Group. The deal is planned to lead on with the Pershing Square hedge fund.

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Bill Ackman places new bet against corporate credit

Bill Ackman places new bet against corporate credit

By Anna Domanska - Nov 12, 2020

Billionaire hedge fund manager Bill Ackman is betting on a decline in credit markets as COVID-19 cases surge nationwide. His hedge-fund firm, Pershing Square Capital Management, ha

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Wall Street Darling Bill Ackman Discloses $900M Bet on Starbucks

Wall Street Darling Bill Ackman Discloses $900M Bet on Starbucks

By Anna Domanska - Oct 10, 2018

Bill Ackman, the billionaire investor known for his high-pressure tactics to strong-arm companies he invests in to their change ways, announced Tuesday afternoon that his hedge fun

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Is Bill Ackman the next Warren Buffett?

Is Bill Ackman the next Warren Buffett?

By Christy Gren - May 14, 2016

At first glance, Bill Ackman seems like a hypomania, passively attempting to righteously avenge financial fraud with his save-the-world complex. These days, his goal is to mete out

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Carl Icahn Claims 13% Stake in Herbalife

Carl Icahn Claims 13% Stake in Herbalife

By Jay Raol - Feb 15, 2013

Billionaire investor Carl Icahn has informed that he owns a 13 percent stake in Herbalife Ltd due to the former public spat with rival Bill Ackman. Also the regulatory filing refle

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