Ackman Won’t Invest in HP, Too Much ‘Brain Damage’

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Oct. 5 (Bloomberg) -- Bill Ackman, founder of activist hedge-fund manager Pershing Square Capital Management LP, said he would avoid investing in Hewlett-Packard Co. because the cost of evaluating the company would outweigh the benefits. Ackman spoke in an interview conducted on Bloomberg TV’s “Inside Track” with Erik Schatzker. (Source: Bloomberg)

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