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Posted on: Jan. 11, 2018, 6:01 a.m.
Hedgie Bill Ackman on Wednesday ripped a page from a discount retailer’s playbook — he put his product on sale. Ackman’s Pershing Square fund — after posting losses in each of the past three years — said it would slash its 1.5 percent annual management fee. The discount for existing clients amounts to about 15... Full investment news articleRelevent to this post: Bill Ackman,