Pershing Fails To Find Alternate Buyer for Longs

Bill Ackman just sent a letter to shareholders of Longs Drug (LDG) in regards to his effert to find another buyer for them as an alternative to the CVS (CVS) offer, now that Walgreen's (WAG) has backed out. There was none...full letter below




Disclosure ("none" means no position):none
Visit the ValuePlays Bookstore for Great Investing Books