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Bill Ackman's Pershing Square owned 90.3M shares of Procter & Gamble (PG) at the end of Q2 -...
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Tuesday, August 14, 2012, 4:59 PM ETBill Ackman's Pershing Square owned 90.3M shares of Procter & Gamble (PG) at the end of Q2 - that translates into a 3.3% stake in the consumer goods giant, which Ackman has made an activist target of. Perhaps to make room for its P&G investment, Pershing dissolved its stakes in Kraft (KFT), Family Dollar (FDO), Burger King (BKC), and Fortune Brands (FBHS), and lowered its stake in Citigroup (C) (13-F)
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Billy A. has always been a bit of a 'nut'.