Bill Ackman said on Tuesday his hedge fund Pershing Square Capital Management has taken a roughly $900 million position in Starbucks as he sees a chance for the world’s biggest coffee chain to reignite growth even as it struggles with stagnant sales in its home market.
from Reuters Video: Business https://ift.tt/2CDQtui
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Thursday, October 11, 2018
Ackman reveals $900 million bet on Starbucks
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