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Wednesday, 09/13/2023 3:17:22 PM

Wednesday, September 13, 2023 3:17:22 PM

Post# of 794754
"Ackman invested nearly half a billion dollars in the company in 2013 for a 10% stake. Following the investment, the activist investor said he might engage in discussions with management board and other stockholders involved in Federal Home Loan Mortgage Corporation (NYSE:FMCC) .

In 2014, Ackman sued the US government over its company bailout, alleging that the Department of Treasury had seized tens of billions of dollars in profits. The largest shareholder also insisted that it had been told stockholders no longer held fundamental shareholders rights."

https://finance.yahoo.com/news/long-term-returns-bill-ackman-135555479.html