Ackman's Pershing Square Acquires More Platform Specialty Products ~ market folly

Wednesday, October 8, 2014

Ackman's Pershing Square Acquires More Platform Specialty Products

Bill Ackman's hedge fund firm Pershing Square Capital Management has filed a 13D on shares of Platform Specialty Products (PAH).  Per the filing, Pershing now owns 26.4% of the company with over 42.7 million shares.

This means Ackman has purchased over 9.4 million PAH shares since the end of the second quarter.  The filing was made due to activity on October 3rd.

Per Yahoo Finance, "Platform Specialty Products Corporation develops, produces, and markets a range of specialty chemical and printing products in the Americas, Asia, and Europe."


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