World News

UPDATE 1-Ackman's fund sells 5 mln Valeant shares to generate tax loss










BOSTON, Dec 31 (Reuters) - Billionaire investor William Ackman said on Thursday he sold about 5 million shares in drug company Valeant International in order to generate a tax loss as investors in his Pershing Square Capital Management face the biggest loss in the company's history.

Читайте на сайте