Tags » William Ackman

Pershing Square Capital Management likely to nominate directors at Automatic Data Processing

The activist hedge fund has stated it is willing to work with the existing board to improve its operating margins.

William Ackman’s Pershing Square Capital Management has disclosed, it plans on nominating directors to Automatic Data Processing Inc’s 10 member board. 67 more words


Price Gouging, Financial Fraud and Valeant Pharma

“The butcher, the baker and the drugmaker don’t produce and sell us the things we want out of benevolence, but out of their own self-interest.” 675 more words

"Baby Buffett" Takes a Bath on Valeant

No stranger to being in the business news headlines, William A. Ackman is at it again. This time, however, it’s for suffering a loss of about $4 billion for his investors after his firm, Pershing Square Capital Management, finally dumped its holdings in Valeant Pharmaceuticals. 500 more words