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	<title>Hedge Fund News From HedgeCo.Net &#187; incumbents</title>
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		<title>Target shareholders reject Ackman board slate</title>
		<link>http://www.hedgeco.net/news/05/2009/target-shareholders-reject-ackman-board-slate.html</link>
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		<pubDate>Fri, 29 May 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[Times and Democrat &#8211; Activist shareholder William Ackman sought for months to replace four incumbents on the Minneapolis-based retailer&#8217;s board of directors with five of his own picks, including himself. The head of Pershing Square Capital Management, which has a 7.8 percent stake in Target, has argued that the cheap chic discount retailer, which has [...]]]></description>
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		<title>Advisory firms split decisions on Ackman</title>
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		<pubDate>Wed, 20 May 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[StarTribune.com &#8211; Score a big one for Target Corp. provocateur William Ackman. The activist shareholder got a boost from the business world&#8217;s most influential proxy advisory firm on Tuesday, when RiskMetrics Group said that investors should vote for Ackman and one of his dissident nominees on an expanded Target board of directors. Meanwhile, another proxy-research [...]]]></description>
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