Skip to content
Subscriber Only

Ackman Buys Family Dollar Stake, Says It’s an LBO Candidate

Bill Ackman, the founder of Pershing Square Capital Management known for investing in companies to press for changes, said he invested in Family Dollar Stores Inc. because it’s “very reasonably priced” and may be acquired.

Ackman, speaking today at the Ira Sohn Conference in New York, said it’s a “passive” stake, meaning he’s not going to pressure management.