With his latest divestiture, the sale of Pershing Square’s remaining 28 million shares of General Growth Properties back to the regional mall REIT for $556 million, it looks like Bill Ackman may be completely done with anything having to do with retail. Midway through 2013, the hedge fund tycoon admitted that his investments in retail chains—including J.C. Penney, Borders and Target, among others—haven’t exactly panned out the way he’d hoped. Now he is ...

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