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KM Financial Solutions | UPDATE 6-Ackman takes stake in Lowe’s, stock price surges
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UPDATE 6-Ackman takes stake in Lowe’s, stock price surges

22 May UPDATE 6-Ackman takes stake in Lowe’s, stock price surges

Posted at 20:02h in News by
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May 23 (Reuters) – Billionaire investor William Ackman said
on Wednesday that his hedge fund had taken a roughly $1 billion
stake in Lowe’s, boosting the U.S. home improvement
retailer’s stock by 10.4 percent.

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