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Bill Ackman's Pershing Square Hedge Fund Takes Stake In Starbucks

by nypost.com posted 8months ago 42 views
Bill Ackman is betting big on your coffee addiction. The activist hedgie unveiled a $900 million stake Starbucks at an investor conference Tuesday, giving the sleepy stock a much-needed 4 percent jolt. Central to Ackman’s thesis is drinkers’ round-the-clock cravings for the caffeinated beverage once thought of as a morning drink. Teens also dig the...

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