Seeking Alpha

With Bill Ackman's Pershing Square IV, which bet solely on the rise of Target (TGT), now 90%...

With Bill Ackman's Pershing Square IV, which bet solely on the rise of Target (TGT), now 90% under water, he's (magnanimously) cutting fees and allowing unlimited withdrawals. The concessions could spur similar changes at other money-losing hedge funds.
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