I'm in a band http://imagefap.in.net/ imagefab The question becomes what Ackman does with the large stake in Penney now that he is no longer taking such a highly visible role in the company and his fund has a paper loss of more than $356 million. He may be in no rush to sell because the shares are roughly $9 below the average price Pershing Square paid for them in 2011.
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I'm in a band http://imagefap.in.net/ imagefab The question becomes what Ackman does with the large stake in Penney now that he is no longer taking such a highly visible role in the company and his fund has a paper loss of more than $356 million. He may be in no rush to sell because the shares are roughly $9 below the average price Pershing Square paid for them in 2011.
Author: Jamal
Date: 6/14/2019