May 15 : Bill Ackman's hedge fund Pershing Square will disclose a new position in Microsoft later in the day, the billionaire investor said on Friday, arguing that the tech giant sits at a "highly compelling valuation". Ackman's new closed-end fund Pershing Square USA, which debuted on the NYSE last month, ha

Bill Ackman said on Friday that Pershing Square has taken a new stake in Microsoft after the stock's 16% year-to-date decline. The 13F filing disclosing the size is expected later…

May 15 : Billionaire investor Bill Ackman built a new position in tech giant Microsoft after its stock price dropped recently, and sold his long-owned investment in Google parent…