A New York-based hedge fund has raised USD2 billion and may launch an activist assault on the "King of Beers," according to a New York Post report. William Ackman, general partner of Pershing Square Capital Management declined to disclose the "one specific, iconic American company" that the hedge fund will target. But the Anheuser-Busch, the St. Louis-based brewer of Budweiser beer fits the bill, according to the Post story.
http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20070606/REG/70606010
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