Bill Ackman Invests $1.27 Billion in Amazon, Adds To Google and More
Billionaire investor Bill Ackman has made a hefty investment in Amazon.com Inc. (NASDAQ:AMZN), pouring in more than $1.27 billion within a span of three months.What Happened: Ackman’s firm, Pershing Square Capital Management, accumulated 5,823,316 shares of Amazon, which accounts for nearly 10% of the firm’s $13.7 billion total assets under management, as revealed in the […]
Read More