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Activist investor William Ackman is expected to disclose a large ownership stake in Target Corp., the Financial Times newspaper reported.
July 16, 2007
MINNEAPOLIS — Activist investor William Ackman is expected to disclose a large ownership stake in Target Corp. here, the Financial Times newspaper reported. Ackman’s Pershing Square Capital group has previously invested in food companies McDonald’s and Wendy’s, agitating for change to better serve shareholders.
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