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Posted on: Jan. 26, 2018, 10:51 a.m.
Bill Ackman's Pershing Square has taken a passive stake in Nike. : The activist hedge fund will not pressure the shoe apparel company for changes, the source said. CNBC was not able to clarify the size of the hedge fund's position in Nike. Ackman's new stake was earlier reported by Reuters, which said it revealed at the firm's annual client dinner Thursday. Full investment news article