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Ackman’s Pershing Becomes Top Investor in J.C. Penney, Fortune

By Aggregated Content in Acquisition on October 8, 2010 from http://c.moreover.com/click/here.pl?z3256212888&z=1000247453 By Lauren Coleman-Lochner and Matt Townsend Oct. 8 (Bloomberg) -- Pershing Square Capital Management LP, the New York hedge-fund firm led by William Ackman, disclosed stakes in J.C. Penney Co. and Fortune Brands Inc. that made it the largest investor in both companies.

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