{"id":10764,"date":"2009-06-08T00:00:00","date_gmt":"2009-06-08T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"bill-ackman-appointed-to-general-growth-board","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2009\/bill-ackman-appointed-to-general-growth-board.html","title":{"rendered":"Bill Ackman appointed to General Growth board"},"content":{"rendered":"<p>Reuters &#8211; Bill Ackman, founder of the Pershing Square hedge fund, has joined the board of bankrupt shopping mall operator General Growth Properties Inc, where he is a large shareholder.       <\/p>\n<p> Ackman is the founder and managing member of the general partner of Pershing Square Capital Management L.P. Pershing and its affiliates own slightly less than 7.5 percent of General Growth&#8217;s outstanding common stock, the company said late on Friday.<\/p>\n<p> Ackman has said he could gain 13 times his investment in the company once it is reorganized, calling General Growth &quot;high quality.&quot;<\/p>\n<p>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/rbssFinancialServicesAndRealEstateNews\/idUSN0830570020090608\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Bill Ackman, founder of the Pershing Square hedge fund, has joined the board of bankrupt shopping mall operator General Growth Properties Inc, where he is a large shareholder. Ackman is the founder and managing member of the general [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3999,8135,10380,3934,2135,12734,12732,5213,5209,12731,1484,4326,1099,12733],"class_list":["post-10764","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bill-ackman","tag-common-stock","tag-general-growth-properties","tag-general-growth-properties-inc","tag-general-partner","tag-high-quality","tag-mall-operator","tag-pershing-square","tag-pershing-square-capital-management","tag-pershing-square-hedge-fund","tag-pershing-square-capital","tag-reuters","tag-shareholder","tag-shopping-mall"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10764"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10764\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}