#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

6767.931 - 6789.084 Bill Ackman

And it was worth a lot more than where it was trading, but it needed an activist to really unlock the value. And we were, in fact, going out of business and didn't have the time or the resources to pursue it. So I sold it to Carl Icahn. And I sold it to him at a premium to where the stock was trading. I think the stock was like 66. I sold it to him for 80, but it was worth about 150.