Around the Net
Ackman Wants 20 to 30% Return On P&G
- Cincinnati Enquirer, Wednesday, July 18, 2012 10:05 AM
Activist investor Bill Ackman wants changes at Procter & Gamble that will push its shares up to $70 or higher, analysts said Monday. While Ackman has yet to spell out his intentions, analysts say hedge funds such as his Pershing Square Capital Management are typically looking for a return on investment of at least 20% to 30%.
