Keyword: William Ackman

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Valeant CEO Steps Down, Ackman on Board

23.03.2016 - J. Michael Pearson has stepped down as CEO of Canada-based Valeant Pharmaceuticals two months after returning from a medical leave, as the company’s stock continues to bleed. One...

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DuPont Rejects Activist Investor’s Universal Ballot Request

05.03.2015 - DuPont has rejected a request from activist investor Nelson Peltz and his hedge fund Trian to use a universal ballot in an upcoming vote on candidates for the chemical producer's...

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Activist hedge funds' Assets Swell Six-fold in ten Years

25.02.2015 - With activist investors continuing to make headlines in the chemical industry, especially in the US, the struggles of Dow, DuPont and Botox producer Allergan are cases in point -...

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Ackman’s Pershing Square unveils $2.2 Billion stake in Air Products

02.08.2013 - Hedge fund manager William Ackman unveiled his biggest bet ever on Wednesday, a $2.2 billion play on Air Products that the billionaire trader kept secret for two months. The...

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Procter & Gamble CEO Defends Plan at Staid Shareholder Meeting

09.10.2012 - Procter & Gamble's CEO stood behind the company's plan for increasing profit and sales at a drama-free annual meeting notable for the absence of William Ackman, the activist...