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Ackman's Activism: Bad for Procter & Gamble?

Monday, 16 Jul 2012 | 5:15 PM ET

Shares of Procter & Gamble saw a big jump last Thursday when activist investor Bill Ackman revealed he had taken a huge stake in the company. Nik Modi, UBS analyst, explains how Ackman's activism could help Procter & Gamble's competitors.