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Hedge Funds

Bill Ackman Sells Entire Valeant Stake Because Of A Loss Of $2.8B

by highlandmirror.com posted 1year ago 224 views
After engaging in an expensive and blunt public defense of questionable Valeant Pharmaceuticals International Inc., Bill Ackman has finally accepted defeat on the drug maker. It was once his biggest champion and now he has sold the entirety of his stake in the company and that too at a loss. He also said that he…

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