Ackman
Proper noun
Meaning
Ackman (plural Ackmans)
A surname.
Examples
Ackman explained these tech giants make up a large percentage of market-cap-weighted indexes like the S&P 500 and Dow Jones, which explains the market recovery while economies continue to struggle.
At a meeting with the company that month, Pershing's head Bill Ackman proposed replacing Fred Green as CP's chief executive.
First, Ackman chose to structure PSTHU without "Founder's Shares," which typically function as a great way for SPAC sponsors to quickly get rich while the rest of us get diluted.
Ackman also defended the performance of his fund, which suffered big losses in late 2015 on an investment in US pharmaceuticals giant Valeant.
Ackman"), who serves as the managing member of each of PS Management and the General Partner.
In his Wednesday letter, Ackman told investors that “substantially all of the proceeds” from his $2.6 billion windfall would be used to buy more stock in current investments, like Hilton, Starbucks, Restaurant Brands and Lowe’s.