UPDATE: William Ackman

William Ackman, founder of New Yorkbased activist hedge fund Pershing Square Capital Management, has accomplished a supersize feat.

William Ackman, founder of New Yorkbased activist hedge fund Pershing Square Capital Management, has accomplished a supersize feat.

When Alpha last caught up with him, in October 2006, the activist hedge fund manager had reignited his two-year battle with McDonald’s and was urging the Oak Brook, Illinoisbased fast-food giant to accelerate its stock buyback program.

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