Tag Archives: wal mart


Target shareholders reject Ackman board slate

May 29, 2009 : Permalink

Times and Democrat – Activist shareholder William Ackman sought for months to replace four incumbents on the Minneapolis-based retailer’s board of directors with five of his own picks, including himself. The head of Pershing Square Capital Management, which has a […]

Beverley Hills hedge fund fraud halted

May 1, 2009 : Permalink

A hedge fund fraud that involved a pair of funds claiming to hold more than $800 million in assets has been halted, according to the US Securities and Exchange Commission. In a statement, the regulatory body said the two funds […]

Hedge Fund Head Nominates Himself, Four Others to Target Board

March 17, 2009 : Permalink

New York (HedgeCo.Net) – Pershing Square Capital head William Ackman is planning to nominate himself, along with four others to the Target Corp. board of directors, in which the hedge fund holds a near 10 percent stake. Ackman has confirmed […]

Hedge fund in talks with Target on board seats

February 27, 2009 : Permalink

Associated Press – Activist hedge fund manager William Ackman is in talks with Target Corp. about naming potential directors to the discount retailer’s board, according to a Securities and Exchange Commission filing on Thursday. Target shares gained 61 cents, or […]