
Bill Ackman’s Spirited Intervention and Fortune Brands’ Breakup
Fortune Brands, the weird amalgam of sporting, liquor and faucet companies, is breaking into three pieces. Somewhere, billionaire investor Bill Ackman is probably doing a fist pump of joy.
By The Wall Street Journal‘s tally, Mr. Ackman has already gained about $300 million by trading in Fortune shares:
In pre-market trading, Fortune Brands are Read More
