REPORT: ACKMAN FOLDS
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Bill Ackman is leaving Valeant Pharmaceuticals.
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The billionaire investor, who was once the company's biggest cheeleader, is has sold his investment and will step down from the Valeant's board, according to a report from CNBC's David Faber, citing sources.
The stock is falling in after hours trading on this news.
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More to come...
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