Monday, June 07, 2010

Pershing Square's Bill Ackman On GGP - May 2010 Update

Bill Ackman of Pershing Square presented at the May 26, 2010 Ira Sohn Conference. In addition to opining on the ratings industry (see here), he spent 90 slides briefing the audience on why GGP is an attractive long investment. Long time TILB readers know that we have extensively covered Ackman, Hovde and Tilson's views on GGP and the resulting back and forth (and back and forth...and back...and forth...). Ackman lays out here why he thinks GGP still has a lot of value for shareholders.

GGP - Ackman Presentation at Ira Sohn Monference - May 2010