Hedge Fund News From HedgeCo.Net

Investor Ackman opposes United Technologies’ aerospace merger with Raytheon

(Reuters) – Billionaire investor William Ackman’s activist hedge fund Pershing Square Capital Management LP is opposing United Technologies Corp’s planned $120 billion aerospace merger with defense contractor Raytheon Co, a person familiar with the matter said on Tuesday.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply