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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Ackman's Pershing Square Shows Raised Stakes in General Growth (GGP), Kraft (KFT), New Position in Alexander & Baldwin (ALEX)
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Simon Property Group (SPG) Downside Related To Bill Ackman Short
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Ackman's Pershing Square Takes a Liking To the GM (GM) IPO, But Cuts ADP (ADP) and Kraft (KFT) Bets
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Ackman's Pershing Square Shows New Stake in ADP, Confirms Citigroup (C) Stake
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General Growth Properties (GGP) Amends Reorg and Investment Agreements
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General Growth Properties (GGP) Subsidiary Registers $2.15B in Exchangeable Notes
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General Growth Properties (GGP) Files Plan of Reorganization
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General Growth Properties (GGP) Gets $500M Investment from Teacher Retirement System of Texas
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Bill Ackman Explains His Big Bet On Citigroup (C)
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Big Buyers and Sellers Line-Up In Citigroup (C) As It Approaches Key Level
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Ackman's Pershing Square Loads Up On More Yum Brands (YUM) Brands, Discloses His Kraft (KFT) Position
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Notable Mergers and Acquisitions of the Day 05/07: GIB/SXE, JKHY, GGP
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Despite Sweetened Simon Property Offer, General Growth (GGP) Will Seek Approval For Brookfield Deal
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Pershing Square Reiterates Opposition To Simon Property (SPG) Taking Over General Growth (GGP)
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Fairholme's Berkowitz Said "I'm Done" Bidding for General Growth (GGP)
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General Growth (GGP) Submits Revised $6.55B Investment; Gets $2B Backstop Offer from Brookfield, Pershing Square, Fairholme
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Notable Mergers and Acquisitions of the Day 04/22: CTL/Q, BAC, SPG/GGP
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Simon Property Group (SPG) Announces Improved Terms for General Growth (GGP); Sends Letter to Company
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Notable Mergers and Acquisitions of the Day 04/14: C, SPG/BAM/GGP, DCAI, NVR
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Simon Property Group (SPG) Offers $2.5B Investment in General Growth (GGP) (BAM)
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BAM Signs Definitive Agreement for General Growth Properties (GGP) Recapitalization
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Elliott Associates Shows 5.3% Stake In General Growth Properties (GGP)
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Notable Mergers and Acquisitions of the Day 03/17: PLCM, SPLS, SPG/GGP
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Simon Preparing Higher Bid for General Growth (GGP)
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Top 10 News Items 3/8-3/12: Retails Sales Jump, AIG (AIG) Has Another Huge Sale, PotashCorp (POT) Raises Guidance, Citigroup (C) Surges
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Notable Mergers and Acquisitions of the Day 03/09: GGP, REED/JSDA, SHS
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Large General Growth Properties (GGP) Investors Seek to Invest $3.93B of New Equity Capital
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General Growth Properties (GGP) Receives Proposal for $3.925B in New Equity Capital from Fairholme and Pershing Square
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After-Hours Movers 3/8: HOKU, SYX, FRPT, TIBB, GAIA, GGP Higher; MVIS, WX, SUSQ, CASY Lower
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Fairholme, Pershing Square Could Jointly Invest $3.93B in General Growth Properties (GGP)
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General Growth Properties (GGP) Files Chapter 11 Bankruptcy
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General Growth Properties (GGP) Continues Volatile Action, Recent Trend Is Up But Risks Remain
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General Growth (GGP) Sees Upside Action
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Ackman's Pershing Square Loads Up On Visa (V), Sells Dr Pepper (DPS) and Wendy's (WEN)
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Pershing Square Increases Its Stake In General Growth Properties (GGP)
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Ackman's Pershing Square Takes Large Stake in Embattled REIT General Growth Properties (GGP)
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Ackman's Pershing Square Shows New 7.5% Stake in General Growth Properties (GGP)
