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Ackmans Pershing Square Falls on First Trading Day

Ackmans Pershing Square Falls on First Trading Day

Assessment

Interactive Video

Business, Other

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video covers several topics: Marvin Ellison is set to become the CEO of JCPenney, replacing Mike Ullman. Bill Ackman's Pershing Square IPO raised $2.7 billion, with plans for a new investment. CSX rejected a merger offer from Canadian Pacific, and the first Ebola case contracted in the US was reported in Dallas. Lastly, a French economist won the Nobel Prize in Economics for his work on regulation.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is set to become the new CEO of JCPenney?

Marvin Ellison

Bill Ackman

Mike Ullman

Ron Johnson

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage drop in shares of Pershing Square Holdings?

11%

20%

5%

15%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company rejected a takeover offer from Canadian Pacific?

BNSF Railway

CSX

Union Pacific

Norfolk Southern

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the reason for the Ebola case in the United States?

Contaminated food

Travel from Africa

A new strain of the virus

A breach in protocol

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For what work was the Nobel Prize in Economic Sciences awarded?

Behavioral economics

International trade

Regulation of mergers and cartels

Monetary policy

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