Content about William Ackman

May 31, 2012

William Ackman, founder and CEO of Pershing Square Capital Management, said that J.C. Penney Co. should start to see “real progress” in early 2013.

June 10, 2011

Activist investor William Ackman on Thursday disclosed ownership of an 8.9% stake in Family Dollar, according to a regulatory filing.

June 10, 2011

Activist investor William Ackman on Thursday disclosed ownership of an 8.9% stake in Family Dollar, according to a regulatory filing.

January 24, 2011

Activist investor and hedge fund executive Bill Ackman has accomplished at J.C. Penney what he was unable to do at Target. He secured a seat on the department store retailer’s board after purchasing a bunch of shares and will now be able to push for strategies to increase shareholder value. Joining Ackman on the J.C. Penney board is another large shareholder, Steven Roth, chairman of Vornado Realty Trust. Both men joined the company as it announced plans to close five stores, wind down its catalog business, realign call center operations and reorganize a custom decorating business.

January 24, 2011

J.C. Penney on Monday unveiled a restructuring plan, which includes close five department stores and one home store, because they are no longer profitable enough.

January 24, 2011

J.C. Penney on Monday unveiled a restructuring plan, which includes close five department stores and one home store, because they are no longer profitable enough.

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