There is however one quote in the article which exposes the flaw in Bill Ackman's position:
“We can’t imagine how the SEC or the Federal Trade Commission or any other relevant regulator will ignore what we have said.”
Either Bill Ackman lacks imagination or has a touching faith in government or both.
In the comments people might put a list of things you might think that Government could never possibly ignore but do. I will start with climate change. There are plenty of others: the range of government failures covers the whole political and policy spectrum.