End Of An Era: Ackman Agrees To Go Passive In General Growth Properties

I was first introduced to General Growth Partners (GGP) several years ago at a small alumni gathering featuring  Pershing Square’s Bill Ackman as the keynote speaker. Amongst other topics, he spoke about the then bankrupt (trading at <$1) company as his ‘top’ idea at the time. This ‘idea’ turned out to be quite profitable for him as he… Read More »