Ackman takes $5.5 billion stake in Mondelez

William Ackman has taken a $5.5 billion stake in Mondelez International and may be eyeing a takeover.

Steve Randall
William Ackman has taken a $5.5 billion stake in Mondelez International and may be eyeing a takeover. The activist investor could add the snack manufacturer to his Pershing Square Capital Management fund. The Wall Street Journal says that Ackman is betting on Mondelez merging with another major food firm. 
 

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