Bill Ackman Has Taken a $900 Million Position in Starbucks
Bill Ackman, chief executive officer of Pershing Square Capital Management LP, speaks during an interview in New York, U.S. (Photographer: Christopher Goodney/Bloomberg)

Bill Ackman Has Taken a $900 Million Position in Starbucks

(Bloomberg) -- Bill Ackman, announcing a $900 million stake in Starbucks Corp. Tuesday, said he believes the coffee chain giant’s shares can more than double over the next three years.
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