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Ackman pays $194M to settle suit with ‘absolutely no merit’


Bill Ackman said he’s shelling out $194 million to settle a three-year-old lawsuit — even as he insisted the case against him has “absolutely no merit.” The billionaire investor revealed Friday his hedge fund Pershing Square Capital will pay the eye-popping sum to settle lawsuits related to its controversial investment in Botox maker Allergan, which...
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Source: New York Post


00:35, December 30, 2017 Carleton English

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