Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Cramer Vets The Activist Stakes In Starbucks, Campbell Soup And Ppg
Hedge Funds

Cramer Vets The Activist Stakes In Starbucks, Campbell Soup And Ppg

by cnbc.com posted 8months ago 32 views
With shares of Starbucks, Campbell Soup and PPG Industries now the targets of high-profile activist investors — and the rest of the market in a tailspin — CNBC's Jim Cramer wanted to make sure investors weren't getting ahead of themselves. On Tuesday, hedge fund Pershing Square, run by Bill Ackman, announced a $900 million stake in the stock of Starbucks; Nelson Peltz's Trian Partners disclosed a $690 million stake in shares of PPG; and Daniel Loeb's Third Point raised its existing stake in Campbell Soup's stock.

In this article