
(Bloomberg) — Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in rental car company Hertz Global Holdings Inc. in a bet that tariffs will push up car prices, the billionaire said in a social media post.Most Read from BloombergTrump Signs Executive Orders on Federal Purchasing, Office SpaceDOGE Places Entire Staff of Federal Homelessness Agency on LeaveHow Did This Suburb Figure Out Mass Transit?Why the Best Bike Lanes Always Get BlamedNashville’s $3 Billion Trans