Bill Ackman is betting big on himself
Bill Ackman’s next big investment is himself.
Since the end of May, Ackman has purchased $292 million worth of shares of Pershing Square Holdings — the publicly traded vehicle of his hedge fund, according to a statement released Tuesday.
The hedgie snatched the shares at an average cost of $14.87, a 20 discount to the fund’s net asset value as of June 30. The stock in Amsterdam closed at $15 Tuesday.
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