(New York Post) Bill Ackman screamed “uncle” on one of his worst bets ever — while getting squeezed by Carl Icahn on his second-worst bet. The New York tycoon behind Pershing Square Capital Management on Monday announced that he has completely sold his 5.3 percent-stake in Valeant Pharmaceuticals, just hours after his nemesis Icahn revealed he has enlarged his stake in Herbalife, whose shares Ackman (right) has bet against to the tune of $1 billion.
Ackman Dumps Valeant Stake Hours After Being Squeezed on Herbalife
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