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Riccardo Savi/Getty Brad Pitt is reportedly spending time with MIT Media Lab professor Neri Oxman — though the relationship isn’t romantic. Oxman is reportedly dating billionaire hedge fund manager Bill Ackman. Oxman was born in Israel, coined the term and pioneered the field of “material ecology,” and has her work featured in museums across the […]
Brendan McDermid/Reuters Pershing Square exited from its $ 1 billion short position on Herbalife. The firm’s Bill Ackman got into a public spat with famed investor Carl Icahn, who’s bullish on the stock. Icahn is now gloating for being right. Billionaire investor Carl Icahn is reveling in his victory over Pershing Square’s Bill Ackman. […]
Markets Insider Shares of Nike popped as much as 2% in pre-market trading Friday after Pershing Square Capital, the $ 12+ billion dollar hedge fund run by activist Bill Ackman, reportedly told investors it had acquired a passive stake in the company. The size of the investment is unclear, as is timing, but Ackman reportedly […]
Reuters The insider trading case against Pershing Square founder Bill Ackman and Valeant Pharmaceuticals may go to trial. Investors in Allergan Pharmaceuticals are suing Ackman and Valeant over their hostile takeover of the company in 2014. There may be a Bill Ackman insider-trading trial on the way. You may recall that investors in Allergan Pharmaceuticals […]
Lee Cooperman, a billionaire hedge fund manager, doesn’t like the way another billionaire hedge fund manager, Bill Ackman, is approaching his latest big investment. Ackman runs Pershing Square, an activist fund which takes positions in companies and tries to change them. Pershing Square is trying to shake up ADP, the human resources and payroll company. Cooperman […]
