Relevant:
- Ackman Is Abandoned by Big Pershing Square Investors
- Ackman's "Surefire Bet" Turns Into a $4 bln Loss... While Facing $2 bln Insider-Trading Suit
- Pershing Square has 25.6 pct General Growth exposure
- Pershing Square Fund Drops In Trading Debut
- Activist investor Ackman likely to gain seat on General Growth board
2009-01-10 — bloomberg.com
Pershing Square said today in a U.S. securities filing it held no shares in New York-based Barnes & Noble as of Dec. 22. The hedge-fund company was the retailer’s third-biggest investor with an 11.8 percent stake as of Sept. 30.
Looks like even the astute Ackman's retail value picks are no match for the consumer nuclear winter we are entering.
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