Bill Ackman Is Pioneering the ‘Buy-5-Get-1-Free’ Hedge Fund IPO
Bill Ackman’s stock market inventions aren’t always as successful as they are creative. The hedge fund entrepreneur’s latest innovation — giving free shares in his firm to investors who buy...
By Chris Hughes · Bloomberg
Bill Ackman’s stock market inventions aren’t always as successful as they are creative. The hedge fund entrepreneur’s latest innovation — giving free shares in his firm to investors who buy into his new publicly traded fund — has a better chance of flying.