For billionaire fund manager Bill Ackman, it wasn’t enough to just own a few high-end Bremont watches. He actually wanted a piece of the company.
To that end, Britain-based Bremont watches announced today that Bill Ackman took a “substantial minority interest” in the company, joining a funding round with longtime investor Hellcat LP worth $59 million (£48 million).
Bremont, founded by brothers Nick and Giles English, was founded in 2002 with the vision of returning watchmaking to…
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