Target’s activist shareholder to hold town meeting
Monday, May 11, 2009 : PermalinkDaily Times – Less than three weeks ahead of what’s expected to be a heated proxy contest at Target’s annual shareholders’ meeting, activist shareholder William Ackman aims to strengthen his case to investors for a new slate of directors by personally introducing his roster at a town hall meeting here Monday.
According to documents filed Friday with the Securities and Exchange Commission, Ackman, who runs Pershing Square Capital Management, which owns a 7.8 percent stake in the discounter, intends to “improve Target’s board and consequently, help make Target a stronger, more profitable and more valuable company.”
Tags:
activist, investors, percent-stake, pershing square, pershing square capital management, pershing-square-capital, rsquo, s board, securities-and-exchange, securities-and-exchange-commission, shareholder, shareholders, slate, target, town-hall, william ackman








