s_m_p

Does Ackman and General Growth Properties Have Anything to Do with Target?

I only skimmed it earlier today but I think the 13d he filed specifically stated that he was trading and investing in the underlying debt. While it may have Target connection, it seems more likely that he is posititioning himself to help solve their "short term" liquidity needs (we'll see, of course, how short term they end up being) and get the equity upside.