Pershing Square portfolio (multi-holding LP update: MDLZ, VRX, APD, ZTS, CP, QSR, HHC, PAH, FNMA/FMCC, HLF short) · page 59 of 104
The slide uses a 'good news, bad news' structure, ending with a critical takeaway in a blue callout box.
Activist deck · executive_summary · summarize · balanced density
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