Bill Ackman: Why I Bought P&G Stock, from Delivering Alpha Conference

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Jul 19, 2012
Bill Ackman of Pershing Square shares his views on Why he has bought a stake into P&G (PG, Financial) from Delivering Alpha conference in New York.

He said he owns 1.8 billion in common equity and some options and thinks that he has the other shareholder support to force changes at the company of the size of Procter and Gamble with his 1% stake.

Here is the video: