Ackman Sets Sights on Beleaguered Chipotle and Insular Board

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  • Investor takes $1.2 billion stake in Mexican-food chain
  • Chipotle has struggled to recover from E. coli outbreak

What Does Bill Ackman Have in Store for Chipotle?

Billionaire activist Bill Ackman is taking aim at Chipotle Mexican Grill Inc., wagering roughly $1.2 billion that he can help fix a beleaguered restaurant chain that has drawn flak for its insular board.

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