Target Shareholders Reject Pershing Board

Tarjay Investor — Fri, 19 Jun 2009 17:56:11 +0000

Target shareholders voted overwhelmingly to keep the four incumbent board members Mary N. Dillon, Richard M. Kovacevich, George W. Tamke, and Solomon D. Trujillo. The entire slate of Pershing Square directors received less than 20 percent of the vote, except for James L. Donald who received 22 percent. William A. Ackman earned 19 percent. In so doing, the shareholders at the annual meeting also voted to reject a plan to increase the size of the board of directors for Target Corporation.

Think Your Target Stock Investment is Down?

Tarjay Investor — Mon, 09 Feb 2009 22:41:26 +0000

Well, you probably aren’t feeling it as much as Pershing Square’s William Ackman. Ackman set-up a hedge fund solely to invest in Target stock. Obviously, this has not panned out as the wisest investment of Ackman’s career. The fund is down over 40% YTD (that’s a lot) and nearly 90% overall. Ouch.

Target Stock » ackman

Target Shareholders Reject Pershing Board

Think Your Target Stock Investment is Down?