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Monday, May 12, 2014

Ackman asks for Allergan's stockholder list, (NYSE: STT)

William Ackman plans to communicate with other Allergan shareholders after the Botox maker on Monday rebuffed a bid to be bought by the billionaire investor and Valeant Pharmaceuticals.In a regulatory filing on Monday, Ackman's hedge fund Pershing Square Capital Management said that it has requested a complete list of holders of record in Allergan to be able to "communicate with fellow stockholders of the company."Ackman wrote to Allergan Associate General Counsel Matthew Maletta and asked that the company turn over the list within five business days. Institutional investors The Vanguard Group, State Street Global Advisors and BlackRock are also among the top 10 holders of Allergan stock, according to ThomsonReuters data.Other hedge fund owners of Allergan include Visium Asset Management and Viking Global Investors, the data show.

State Street Corporation (State Street) is a financial holding company. Shares of STT traded higher by 1.3% or $0.84/share to $65.70. In the past year, the shares have traded as low as $60.25 and as high as $76.24. On average, 2880440 shares of STT exchange hands on a given day and today's volume is recorded at 1441784.



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