Pershing Square Capital Management CEO Bill Ackman is facing the wrath of his hedge fund investors. Investors are “getting very antsy about this public feuding” surrounding Ackman’s Herbalife Ltd. (NYSE:HLF) short and “may redeem their shares", according to a new report from FOX Business Network (FBN) Senior Correspondent Charlie Gasparino.
Excerpts from the report are below.
On whether Ackman’s investors are getting antsy over the Herbalife Ltd. (NYSE:HLF) short:
“His investors and we are getting this from sources close to some of the major investors, they are getting antsy. They may redeem shares. I’m not saying they are, but they are getting very antsy about this public feuding.”