The winners of a Pershing Square investment competition at Columbia University Business School...

|By:, SA News Editor

The winners of a Pershing Square investment competition at Columbia University Business School pitched Hertz Global (HTZ -1.1%) as a promising investment in a development which looks much more interesting now that a huge block of shares has been unloaded on to the books of underwriters. The students thought an activist investor could help unlock value at Hertz by spinning off its equipment rental business. Is is possible Bill Ackman likes the youthful idea?