Reuters: Pershing's Ackman sets new Target plan but shares fall

[chris]

Pershing's Ackman sets new Target plan but shares fall
      

NEW YORK (Reuters) - Hedge fund manager William Ackman unveiled on Wednesday his latest plan to boost Target Corp's  stock price by forming a trust that owns the land under its discount stores, and then spinning off 20 percent of that trust in an initial public offering.<div class="feedflare">
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