Pressure mounted on McDonald’s to break itself up Monday, with a major shareholder calling for the hamburger giant to spin off its company-owned restaurants.
William Ackman, the general partner of Pershing Square L.P., pledged to divulge the details of his proposal at an investment conference next week in New York City. Pershing, a hedge fund, owns 4.9 percent of McDonald’s shares.
“We are looking forward to explaining our thinking come next Tuesday,” Ackman said.
