The Traderszone Network

Published in TZ Latest News 5 August, 2015 by The TZ Newswire Staff

Ackman discloses 7.5 percent stake in Mondelez

Pershing Square said its beneficial ownership of 120.3 million shares includes forward purchase contracts and call options. Ackman’s stake is valued at about $5.5 billion based on Mondelez’s closing price on the Nasdaq on Wednesday. “We welcome Pershing Square as investors in our company,” a Mondelez spokeswoman said.