Sunday April 28, 2024 | Last Update: April 28, 2024 EDT
Bill Ackman’s Pershing Square Capital Management, L.P. has disclosed that it increased its beneficial ownership of Valeant Pharmaceuticals International, Inc. to 9.9 percent shares outstanding. The transaction highlights the activist investor’s commitment to the drug maker despite its stock being battered.
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Activist investor William Ackman has built a $5.5 billion stake in Mondelez International, Inc., the maker of Oreo cookies and Toblerone, according to a report from The Wall Street Journal.
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