Hedge fund manager becomes Family Dollar Stores’ largest shareholder
By Mecklenburg Times staff reports
Published: June 10,2011
A hedge fund manager has increased his stake in Family Dollar Stores, making him the largest shareholder in the company. According to a regulatory filing with the Securities and Exchange Commission, William Ackman, chief executive of New York hedge fund Pershing Square Capital Management, has bought a total of approximately 10.9 million shares of the Matthews-based company’s stock, [...]
