Category: Bill Ackman

Bill Ackman advises President Trump to shut down the US

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Billionaire hedge fund manager Bill Ackman is calling on President Trump to shut down the U.S. in order to curtail the COVID-19 pandemic. Jonathan Garber for FOXBusiness: “Mr. President, the only answer is to shut down the country for the next 30 days and close the borders,” Ackman, CEO of Pershing Square Capital Management, tweeted…

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Bill Ackman, Coronavirus, COVID-19, finance, health, investing, News, President Trump

Carl Icahn: Our kind of activist investing isn’t ‘bad for America’

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“Warren Buffett’s longtime business partner Charles Munger said activist investing is bad for the U.S. Two of the biggest practitioners, Bill Ackman and Carl Icahn, said not when they’re doing it,” Margaret Collins and Noah Buhayar report for Bloomberg. “Buffett and Munger, renowned for their success with long-term value investing at Berkshire Hathaway Inc. (BRK/A),…

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activist investors, Apple, Bill Ackman, Carl Icahn, Charles Munger, News, Warren Buffett

Activist investors like Carl Icahn destroying companies, costing jobs, says corporate attorney

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“Activist shareholders are destroying companies and causing widespread job losses even at firms that aren’t directly targeted, according to leading U.S. corporate lawyer Martin Lipton,” Janet Mcfarland reports for The Globe and Mail. “Mr. Lipton told an Ontario Securities Commission conference Tuesday that shareholders are becoming too powerful a force in the corporate world, especially…

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activist investors, Bill Ackman, Carl Icahn, corporate raiders, Martin Lipton, New York, News, Ontario, Ontario Securities CommissionCarl IcahnUnited States of AmericaToronto