Ackman in the running for FTSE 100 promotion, again - Part 2
Bill Ackman's Pershing Square Holding's misses out on promotion to the blue chip index for the second time in three months thanks to some weird re-calculating by FTSE Russell.
Below is the statement from FTSE Russell, which appears some to be some tacit confirmation of a screw up by the index compiler.
Pershing Square Holdings (UK)
September Review - FTSE UK Index Series
02 September 2020..
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Login to join the conversationwilliam.butler-blueyonder.co.uk4 years ago
He wants to get in quickly and is going to convert all the management shares into public shares for the December rebalance!