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Ackman s Pershing Square swaps Starbucks for a slice of Domino s

Article content Billionaire investor Bill Ackman’s Pershing Square Capital Management has taken a stake in Domino’s Pizza Inc, the pizza chain said on Wednesday. Ackman, whose bets on companies are closely watched, told the Wall Street Journal in an interview https://www.wsj.com/articles/bill-ackman-ceos-and-artists-headline-wsjs-future-of-everything-festival-11620811806?mod=breakingnews earlier that he had swapped his shares in Starbucks Corp for a little under 6% stake in Domino’s. We apologize, but this video has failed to load. Try refreshing your browser, or Ackman s Pershing Square swaps Starbucks for a slice of Domino s Back to video “It’s (Domino’s) a very compelling story and big international growth opportunity … and there’s plenty of room to run both here and abroad,” Ackman said during the Journal’s Future of Everything Festival event.

Stock market news live updates: Stocks rocked by inflation fears, Dow, Nasdaq, S&P tank by over 2%

A Buried Scandal, Shedding Of Assets, And Forthcoming Spinoff Means Substantial Upside For Bausch Health

A Buried Scandal, Shedding Of Assets, And Forthcoming Spinoff Means Substantial Upside For Bausch Health
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

Michael Klein s Fourth SPAC Became a Symbol of the Boom — And Now the Bust

Dealmaker Michael Klein’s fourth SPAC was a symbol of the mania around blank check companies when it announced a merger agreement with electric vehicle maker Lucid Motors in mid-February. Now it’s a symbol of the fall and the most heavily shorted SPAC, or special purpose acquisition company, in the market. Rumors of the Lucid deal sent the SPAC soaring earlier this year at the peak of the frenzy. But Klein’s SPAC, Churchill Capital Corp. IV, quickly began to crash falling from a high of $65 to around $20 Friday and took the rest of the SPAC world with it. 

CN rekindles century-old rail rivalry with Kansas City Southern bid

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