For anyone who thinks that perhaps Starbucks’ (NASDAQ: SBUX) long growth arc has started to level out, there’s a billionaire who disagrees, and he’s putting his investors’ money where his mouth is. Bill Ackman’s hedge fund, Pershing Square, has taken a $900 million stake in the coffeehouse chain, and he sees the stock doubling in the next three years.
The team from The Motley Fool give their thoughts on Ackman’s involvement:
Sale of Member's Interest and Claims on Loan Account Agreement with a Restraint of Trade (underlying asset is a business)
R800.00
Sale of Shares and Claims with a Restraint of Trade (undelying asset is a business)
R800.00
CPA-compliant Residential Lease (Natural Persons)
R900.00
CPA Compliant Residential Property Lease Pack Where the Landlord is a Juristic Person and Leesee is a natural person
R900.00
Generic Provision of Services Agreement- Receiver
R600.00
