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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.

  • By Michelle Celarier

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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