Maneet Ahuja and Becky Quick

By CNBC hedge fund specialist Maneet Ahuja and "Squawk Box" host Becky Quick.

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Activist Investor William Ackman Makes His Biggest Bet Ever

Ackman's firm Pershing Square Capital Management has acquired a 9.8 percent position in industrial gas company Air Products & Chemicals, a stake valued at $2.2 billion.

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