Picture 1342.pngObviously we love ourselves some Bill Ackman but at what point does one draw the line here? The vote isn’t taking place for nearly three weeks and already he’s inviting shareholders to call him directly. Not Pershing investors, but plain old TGT fractional owners. Unwashed masses, really, who he’s apparently going to rub up against if it’ll mean finally getting his way. What’s going to be put on the table once we’re down to the wire? I’m just saying some personal principles need to be established ahead of time so that when it comes to it, and the situation presents itself, one knows whether or not he’s willing to sit in the dunk tank in the name of shareholder activism.

Dear Target Shareholder:
Pershing Square Capital Management, L.P. hosted a Town Hall Meeting today in connection with the Target Corporation proxy contest. Replays of the meeting can be found atwww.TGTtownhall.com.
For your convenience, please find the attached presentation — “The Nominees for Shareholder Choice’” — which was delivered at the Town Hall Meeting. These materials are also available on the SEC’s website www.sec.gov.
Bill Ackman is available to answer questions and address any matters of interest. Feel free to call him directly at [redacted].

Comments (8)

  1. Posted by guest | May 12, 2009 at 11:02 AM

    psy-cho

  2. Posted by guest | May 12, 2009 at 11:03 AM

    let it go, Ackman. Just let it go.

  3. Posted by guest | May 12, 2009 at 11:12 AM

    Bess stay away from him, may have a compulsive disorder. Stalker material.

  4. Posted by guest | May 12, 2009 at 11:29 AM

    Feel free to call him directly at [redacted].
    There you go EP. as a refresher, we generally like:
    - slightly hoarse voices
    - stockings
    - dirty talk
    - open invitations
    Generally dislike:
    - references to previous relations
    - expressions of interest in a relation
    - opinions
    Good luck & have fun.

  5. Posted by guest | May 12, 2009 at 11:32 AM

    Glad to see Abby Joseph Cohen has her old frumpy hairstyle back. She still as full of shit as ever though.

  6. Posted by guest | May 12, 2009 at 12:12 PM
  7. Posted by guest | May 12, 2009 at 2:28 PM

    i wish this guy would stop being so greedy and REINVEST some of those dollars back INTO target. perhaps we could see prices lower or stores open for antoher hour instead of all this meaningless manager-shifting.
    The Guy From Delaware

  8. Posted by guest | May 12, 2009 at 5:38 PM

    @7
    you have reached new levels of retardedness. congrats.

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