William Ackman
William Ackman
William Albert Ackman, is an American hedge-fund manager. He is the founder and CEO of Pershing Square Capital Management LP, a hedge-fund management company. Ackman is considered a contrarian investor but he considers himself an activist investor...
business enables fabulous literally market mix mundane separating understand values
Sometimes when you mix a fabulous business with a more mundane one, the market values it as a more mundane business. And literally just separating the two enables the market to understand the values.
except
We got pretty much everything we wanted except for the spin-off.
against argue business resources today
We think resources are not allocated efficiently today because this business is not independent. There is just no way to argue against transparency.
fully support
I think McDonald's is doing the right thing and we fully support it.
instant term
I don't think we're going to get the instant value that we would have from the spin-off, but we'll get it over the long term and that's just fine.
increases operated overall parent percent success system
Twenty-seven percent of the McDonald's system is operated by the parent company. If we can make that 27 percent operate more entrepreneurially, that increases I think the overall success of the whole system.
company help trying unlock
We want to unlock significant shareholder value. What we're trying to do is help the company reconfigure itself.
asked
We're getting pretty much everything we asked for.