This Just In: Ackman Gets Smoked by Target's Board
- Joshua M Brown
- May 28th, 2009
From Reuters:
14:47 TARGET CORPORATION SHAREHOLDERS ELECT COMPANY'S DIRECTOR NOMINEES
Supposedly the margin was over 70% voting for the Target (TGT) board, against Ackman and Pershing Square. We'll see if the rest of my prediction comes true.
Better luck next time, Bill.
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The Reformed Broker is a blog about financial markets and the economy. Joshua Brown is a New York City-based investment advisor for high net worth individuals, charitable foundations, retirement plans and corporations... More. -
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