Bill Ackman Explains Why he Bought $PG

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Bill Ackman Explains Why he Bought $PG
Bill Ackman Photo via InsiderMonkey, Flickr (CC BY-ND 2.0)

Bill Ackman Explains Why he Bought $PG

In this excerpt from a session at the “Delivering Alpha” conference presented by CNBC and Institutional Investor, well-known investor Bill Ackman talks about his recently announced stake in Procter & Gamble and whether he may try to influence the company’s management.

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CNBC’s David Faber discusses Procter & Gamble, and real estate, with William Ackman, Pershing Square Capital founder/CEO; Barry Sternlicht, Starwood Capital Group chairman/CEO; and Jonathan Gray, BlackStone Group. The Fast Money traders share their opinions.

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