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Ackman's strong arm tactics with P&G could get results.
July 17, 2012
By: TOM BRANNA
Editor
Can Bill Ackman do for Procter & Gamble what he did for the likes of Kraft, Fortune Brands and Family Dollar Stores? The billionaire manager of Pershing Square says he has a plan on how to boost P&G’s profits, but he’ll have to convince Warren Buffett, who’s Berkshire Hathaway is the largest holder of P&G stock. Ackman has already given Kraft a big lift. Considering both investors prefer long-term investments in a small number of companies, it isn’t far fe...
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