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Bill Ackman lines up new board against Target's current one

Longtime Target Corporation (NYSE: TGT) supporter and share activist Bill Ackman has finally had enough. Not content with Target's board and wishful thinking that the retailer's fortunes will turn around any time soon, Ackman wants to replace at least four board members on Target's board. Ackman says his picks have the needed expertise in retail, credit card operations and real estate.

Continue reading Bill Ackman lines up new board against Target's current one

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Last updated: May 27, 2012: 03:18 PM

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