(Reuters) - William Ackman says McDonald's, the world's largest fast
food group, is given a lower rating by credit agencies than it
deserves because of the way the rating agencies evaluate its
property leases.
Ackman's Pershing Square holds a stake of about 1.6 percent
in McDonald's. The three-year-old $3.2 billion hedge fund has
seen average annual returns of 34 percent since 2004.
Read more at Reuters.com Bonds News
food group, is given a lower rating by credit agencies than it
deserves because of the way the rating agencies evaluate its
property leases.
Ackman's Pershing Square holds a stake of about 1.6 percent
in McDonald's. The three-year-old $3.2 billion hedge fund has
seen average annual returns of 34 percent since 2004.
Read more at Reuters.com Bonds News
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