Ackman Discloses He Bought 180M Shares of Wachovia

At the Value Investing Congress, Pershing Square Capital's Bill Ackman said he bought 180 million shares of Wachovia (NYSE: WB) at an average price of $3.15 a share. Ackman did note he sold 9.5 million shares before CIti (NYSE: C) said it is still in. Ackman obviously still has quite a large position in Wachovia.

You May Also Be Interested In

• Alphabet to replace Verizon in the Dow Jones Industrial Average
• Alphabet added to Dow Jones Industrial Average, Verizon dropped
• Honeywell Aerospace to Join S&P 500 & S&P 100; Others to Join S&P MidCap 400 and S&P SmallCap 600