Bill Ackman's blank check company raises $4 billion in biggest U.S. SPAC IPO

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Billionaire investor Bill Ackman backed Pershing Square Tontine Holdings Ltd has raised $4 billion in its U.S. initial public offering, in the largest listing ever by a special purpose acquisition company (SPAC).

FILE PHOTO: Bill Ackman, CEO of Pershing Square Capital, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 17, 2017. REUTERS/Mike Blake

The forward purchaser, including three funds owned by Pershing Square Capital Management, has the right to buy up to an additional $2 billion units, the SPAC said.

 

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ایران آخرین اخبار, ایران سرفصلها

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Ackman: Pershing Square 'taking no compensation' for new SPAC investment vehicle“There’s literally no compensation to the sponsor,” Bill Ackman says about Pershing Square Tontine Holdings, which will be the largest SPAC to date. Get this MF off the air. We don’t want this pos on the air That's because already made his fortune by spewing his fear mongering nonsense on 3/18 while shorting the market. The Worst of Wall Street. BOSS
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »

Bill Ackman: 'We are long-term bullish on America' but betting against high-yield companiespos Ackman is a hack! 👎
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »