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Starbucks New Investor: Pershing Square

by pymnts.com posted 8months ago 47 views
Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 percent stake in Starbucks. The Wall Street Journal, citing comments Ackman made at the Grant’s Interest Rate Observer conference in New York, reported Ackman called Starbucks one of the “most dominant companies in the industry we’ve ever […]

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