bill ackman pershing square - Search News

News

Hertz, Bill Ackman

Barron's on MSN · 5h

What Bill Ackman Sees in Hertz and Why He’s Betting Big on the Rental-Car Company

The rental-car company posted a loss of nearly $2.9 billion in 2024. Hertz chalked up the disappointing results to vehicle depreciation and the falling price of electric vehicles,

Reuters on MSN · 3h

Hertz CEO says he is humbled by Bill Ackman's endorsement

The CEO of Hertz said he feels humbled following comments by billionaire investor Bill Ackman, whose investment management company Pershing Square recently accumulated a 19.8% stake in the car rental firm.

Bill Ackman Is Betting on Car Rental Giant Hertz to be a Tariff Winner

President Trump’s auto tariffs may have sparked fears of price hikes among consumers, but some car-buying businesses could actually benefit, according to investor Bill Ackman. The Pershing Square Capital Management founder made a bullish case for Hertz yesterday (April 17), after revealing a nearly 20 percent stake in the car rental company.

5h

Read Hertz CEO's letter to employees about Bill Ackman's ‘significant' stake in the rental car firm

Hertz CEO Gil West said he is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position ...

7h

Hertz Wins Over Ackman in a Bet Tariffs Will Boost Value of Cars

Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the ...

4don MSN

Howard Hughes pushes Pershing Square deal freeze to April 30

Howard Hughes Holdings (NYSE:HHH) said Monday it further extended its previously announced standstill agreement with Pershing ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results