Bill Ackman Invests $261 Million Into General Motors
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Bill Ackman’s investment firm Pershing Square has filed a 13F that discloses some of their latest investments. Ackman bought $261 million worth of shares (around 7 million) in General Motors Company (NYSE:GM). Ackman is also known for major investments in Target and Borders Group. He is also a huge investor in J.C. Penney.