Link: http://www.reuters.com/article/us-valeant-ackman-idUSKBN16K2KT

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Hedge fund manager, Bill Ackman, finally sold his stake in the pharma
company famous for buying companies and raising the prices of the
companies’ drugs. He lost about $3 billion on the investment. That’s more
than most of us want to lose, at least on a single investment.

Reuters:

http://www.reuters.com/article/us-valeant-ackman-idUSKBN16K2KT

at CNBC:

http://www.cnbc.com/2017/03/13/reuters-america-update-2-ackmans-pershing-square-sells-valeant-stake-takes-3-bln-loss.html
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Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan USA
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