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Pershing Square Ups Family Dollar Stake

Pershing Square Capital Management has acquired about 5 million shares in Family Dollar Stores to become its largest shareholder.

    Pershing Square Capital Managementhas acquired about 5 million shares inFamily Dollar Storesto become its largest shareholder,The Wall Street Journal报告。公司现在拥有1090万股an 8.9% stake in the discount retailer.

    Previously,Trian Fund Managementwas the largest shareholder with about a 6.5% stake. Family Dollar has set up a shareholder rights plan to stop any investor from buying 10% or more of the company without permission from its board of directors.

    Click here for the story fromThe Wall Street Journal.

    Click here for the additional coverage fromReuters.

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