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Bill Ackman Buys $292M in Pershing Square Holdings Stock

The move comes as the publicly traded hedge fund’s performance is starting to recover, although its discount to net asset value is still substantial.

Pershing Square Capital Management CEO Bill Ackman has put his money where his mouth is. Along with other members of his firm, Ackman has bought more than $300 million worth of shares in Pershing Square Holdings, according to an announcement from the publicly traded hedge fund.Ackman and others, including Pershing

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