Tag Archives: bloomberg news
CSX, hedge fund fight in Congress; troubled fund backs off activism
Florida Times-Union – CSX Corp.’s proxy fight with two hedge funds ended in September with four nominees from The Children’s Investment Fund Management LLP and 3G Capital Partners Ltd. winning election to CSX’s board. But even though the fight is […]
Ackman’s hedge fund for Target falls 40%
Birmingham Business Journal – The hedge fund created by activist investor William Ackman to buy up shares of Target Corp. lost 40.1 percent of its value in January, according to a Bloomberg News report. Since creating the fund, called Pershing […]
