Target shareholder revises real estate proposal
Investor William Ackman offered some tweaks Wednesday to his plan aimed at increasing the value of Target Corp., saying as much as 20 percent of the real estate investment trust he was pushing for could be spun off in an initial public offering. That transaction would raise $5.1 billion, allowing Target...
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Tags: William Ackman, real estate, investment trust, public offering, initial public, Target Corp., estate investment
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