Pershing Square Makes Significant Investment in Microsoft
MT Newswires Live
May 15
Pershing Square (PS) has made a significant investment in Microsoft, the hedge fund's founder said Friday.
Bill Ackman said in a post on the social media platform X that Pershing plans to disclose a new position in Microsoft.
He said the company "now offered at a highly compelling valuation."
He said that Microsoft's M365 and Azure are particularly valuable franchises.
He also cited its ownership of LinkedIn, Xbox, Activision, Bing, and the Edge browser.
"We are encouraged to see Microsoft prioritizing its R&D efforts and investment in Copilot," its AI agent, Ackman wrote.
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