Activist Investor Ackman Discloses Stake In Chipotle

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Activist investor Ackman discloses stake in Chipotle

SAN FRANCISCO, (UrduPoint / Pakistan Point News -7th Sept,2016) - Activist investor Bill Ackman has disclosed a nearly 10 percent stake in Chipotle, and said that he wants to open discussions with the US fast food chain's management.

According to a document filed Tuesday with the Securities and Exchange Commission, Ackman and his Pershing Square fund now hold 9.

9 percent of Chipotle stock. Ackman, who has a reputation for involving himself in the affairs of the companies he invests in, said in the filing that his fund intends "to engage in discussions" with Chipotle's management, board and other stockholders and interested parties.