Ackman said on Friday in the post that his Pershing Square investment fund began acquiring a position in Uber in early January and now owns 30.3 million shares. That would give him a 1.4% ownership ...

Uber’s stock extends its surge as hedge funder Ackman says he’s amassed a 30.3-million-share stake since early January.

Beginning in early January, we began acquiring a position in @ Uber (UBER). Today, we own 33.3 million shares. I have been a long-term customer and admirer of Uber beginning when Edward Norton showed ...

File-sharing service Dropbox unveiled plans last Friday to move its incorporation from Delaware to Nevada. The San Francisco-based tech firm said in a securities filing that it’s in a transformational ...

Meta Platforms, the parent company of Facebook, Instagram and other social media platforms, is in discussions to move its incorporation from Delaware, The Wall Street Journal reported last week.

For more than a century Delaware has boasted the premier US business court, as legal home to most Fortune 500 companies and ...

Billionaire Bill Ackman is making Pershing the latest high-profile company to depart longtime corporate haven Delaware.

As Delaware, long considered a business-friendly state, faces a potential corporate revolt, Gov. Matt Meyer tells BI change ...

Bill Ackman announced on Saturday that his management company would leave Delaware to reincorporate in Nevada.

Bill Ackman, the owner of investment firm Pershing Square, said on Saturday that he is reincorporating his management company ...

Billionaire Bill Ackman helped fund the spinoff of Howard Hughes Holdings Inc. from General Growth Properties in 2010 and has been a big shareholder in the real-estate company since then.

Billionaire investor Bill Ackman has been climbing the ranks of best investors to watch for much of the 21st century. Like most hedge funds, his returns have been volatile. For instance ...