Thursday, May 24, 2018

Ackman makes roughly $1 billion bet on Lowe's

By Aishwarya Venugopal and Svea Herbst-Bayliss (Reuters) - Billionaire investor William Ackman said on Wednesday that his hedge fund had taken a roughly $1 billion stake in Lowe's , revealing his third large investment this year. Ackman disclosed the stake at a New York conference, said two attendees at the private event on condition of anonymity.

from Latest News Business on Firstpost https://ift.tt/2s9aTnl
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