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FedEx Rises on Chatter That Ackman May Take a Stake
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<blockquote data-quote="Returntosender" data-source="post: 1168939" data-attributes="member: 29240"><p>FedEx Rises on Chatter That Ackman May Take a Stake Shares of FedEx rose as much as 8 percent Tuesday on speculation that billionaire investor William Ackman would make a big investment in the world's No.2 package delivery company. Ackman wrote to clients Monday asking them to commit $1 billion to two new funds by the end of next week to invest in a major U.S. company that he did not name.</p></blockquote><p></p>
[QUOTE="Returntosender, post: 1168939, member: 29240"] FedEx Rises on Chatter That Ackman May Take a Stake Shares of FedEx rose as much as 8 percent Tuesday on speculation that billionaire investor William Ackman would make a big investment in the world's No.2 package delivery company. Ackman wrote to clients Monday asking them to commit $1 billion to two new funds by the end of next week to invest in a major U.S. company that he did not name. [/QUOTE]
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