VRX/Ackman Takeover

So Ackman amasses a position in a company knowing that they will be acquired for a premium thus increasing the value of his initital investment. Any thoughts on how this will play out and if deals like this will become more commonplace?

3 Comments
 

I agree he essentially doubled down on is investment right before a deal was announced. It may be fishy not sure if it is illegal however.

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