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Bill Ackman Just Bought Visa, Mastercard, and S&P Global Stock. Each One Collects a Toll on Somebody Else's Sale.

Pershing Square's three biggest new stakes are in companies that get paid when somebody else's customer transacts. Together, they were bigger than any single bet in the filing.

We haven't written up this one. Motley Fool has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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