Ackman’s Pershing Square Nabs Stakes In Fannie, Freddie
Pershing Square disclosed that it picked up a 9.98 percent stake in the common shares of Fannie Mae and a 9.77 percent stake in Freddie Mac, according to the filings. Fannie Mae's stock closed Friday at $3.30 a share, while Freddie Mac closed at $3.08.
The buy-in reveals a potential...
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