Bill Ackman says he’s still confident about betting against Herbalife Ltd.’s stock, but he’s making sure he won’t lose more money if the shares keep going up.
The properties up for grabs could include their $90 million penthouse at One57.
Could be 'even worse than 2008 during the financial crisis'.
Activist investor William Ackman has taken a $5.5 billion stake in Mondelez International, and is considering a possible takeover of the snack-maker.
Bill Ackman appears set to take it relatively easy for a few months after a slew of activist investments produced knockout performance in 2014.
Never good to lose big.