Ackman's Activism: Bad for Procter & Gamble?

5:15 PM ET Mon, 16 July 2012

Shares of Procter & Gamble saw a big jump last Thursday when activist investor Bill Ackman revealed he had taken a huge stake in the company. Nik Modi, UBS analyst, explains how Ackman's activism could help Procter & Gamble's competitors.