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Hertz Stock Soars as Billionaire Bill Ackman's Pershing Square Discloses Stake
Hertz shares soared Wednesday after billionaire Bill Ackman’s investment firm Pershing Square disclosed a sizable stake in ...
NBC Los Angeles2d
Read Hertz CEO's letter to employees about Bill Ackman's ‘significant' stake in the rental car firm
Hertz CEO Gil West said he is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position ...
Bill Ackman defends Trump tariffs after warning the world was on brink of ‘economic nuclear winter,’ attacking Commerce secretary
The hedge fund manager, one of Trump’s most notable business allies during his campaign, doubled down on his call for the ...
Hertz Wins Over Ackman in a Bet Tariffs Will Boost Value of Cars
Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the rental car company’s turnaround plan and that tariffs will boost the value ...
Ackman's Pershing Square Holdings fund drops nearly 14% so far this year
Billionaire investor Bill Ackman's Pershing Square Holdings portfolio has lost nearly 14% so far this year, the firm told ...
Observer2d
Bill Ackman Is Betting on Car Rental Giant Hertz to be a Tariff Winner
Bill Ackman runs the hedge fund Pershing Square Capital Management. Photo by Jared Siskin/Patrick McMullan via Getty Image “Hertz is uniquely well-positioned in the current tariff environment ...
Howard Hughes pushes Pershing Square deal freeze to April 30
Howard Hughes Holdings (NYSE:HHH) said Monday it further extended its previously announced standstill agreement with Pershing ...