Bill Ackman's hedge fund Pershing Square has filed an amended 13D with the SEC regarding its position in Platform Specialty Products (PAH). Per the filing, Pershing now owns 14.5% of the company with 40.45 million shares.
This is a decrease of 2.28 million shares since the end of the second quarter when they owned over 42.73 million PAH shares. The filing was made due to activity on November 10th when they sold shares at $8.78.
For more from this firm, we've highlighted other recent Pershing Square portfolio activity.
Per Yahoo Finance, Platform Specialty Products is "produces and sells specialty chemical products in the Americas, the Asia-Pacific, and Europe. It operates through two segments, Performance Solutions and Agricultural Solutions."
Friday, November 11, 2016
Pershing Square Trims Platform Specialty Products Position
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