Warren Wannabe: Ackman Channels Buffett With Bet on Mondelez

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Looks like Bill Ackman has a serious case of Buffett envy.

For years now Ackman, that bad boy of activist investing, has been trying to cast himself in the mold of Warren Buffett. Now he’s staking billions on a play straight out of Buffett’s book: a big investment in the food industry, via Mondelez International Inc.