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Why Ackman is betting big on Starbucks

Thursday, October 11, 2018 - 02:02

Bill Ackman announced this week that his hedge fund Pershing Square Capital Management has taken a roughly $900 million position in Starbucks. Reuters Breakingviews Editor Rob Cox unpacks the thinking behind Ackman’s *grande* investment.

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Bill Ackman announced this week that his hedge fund Pershing Square Capital Management has taken a roughly $900 million position in Starbucks. Reuters Breakingviews Editor Rob Cox unpacks the thinking behind Ackman’s *grande* investment.

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Why Ackman is betting big on Starbucks

Thursday, October 11, 2018 - 02:02