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Actionable news in QSR: RESTAURANT BRANDS INTERNATIONAL Inc,

Restaurant Brands drops 2% after Bill Ackman's big 'block' sale

Pershing Square Capital Management, the hedge fund firm managed by Bill Ackman, sold $610 million worth of its stake in Restaurant Brands International through a block trade, according to two people familiar with the matter.

Pershing Square sold 10 million shares of Restaurant Brands Tuesday night for $61 per share, said the people, who...


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