-
Ackman tweeted his disdain of Terra and that the cryptocurrency industry 'self-regulate' projects with 'no underlying business concepts.'
-
Billionaire hedge fund investor Bill Ackman said Thursday that he expects to see market gains next year but warned there could be volatility in the months ahead as the coronavirus continues to take
-
Bill Ackman just placed another big bet against the credit markets as coronavirus cases surge nationwide.
The billionaire investor said he has bought $8 million worth of insurance that will pay off if
-
British billionaire Richard Branson is getting in on Wall Street’s hottest trend: creating a company just to buy another one. The Virgin Group tycoon has founded a blank-check company called VG Acquisition Corp. that plans to raise up to $460 million through an initial public offering, securities records show. The firm is a special purpose …
-
Billionaire activist hedge manager Bill Ackman has offered to take Airbnb public through his $4 billion blank-check company, but the company’s CEO Brian Chesky is reportedly holding out for a more traditional IPO process. Chesky hasn’t completely ruled out a merger with Ackman’s Pershing Square Tontine Holdings, but no further discussions are underway, Bloomberg reported …
-
Bill Ackman lashed out at CNBC on Wednesday after anchors prodded him about his controversial appearance on the cable network this spring during the early days of the coronavirus. On March 18, the 54-year-old hedge fund manager appeared to be fighting back tears on CNBC, fretting about his father’s health amid the pandemic. Ackman warned …
-
In mid-June, Bill Ackman asked Wall Street for $1 billion to hunt down a major investment. Six weeks later, the street gave him $4 billion. The 54-year-old hedge fund manager disclosed Wednesday morning that he has raised the whopping sum to launch the largest-ever special purpose acquisition company, or SPAC, a public offering meant to …
-
The coronavirus crisis is fueling a craze for blank-check companies, and the billionaire owners of pro sports teams are cashing in. On Monday, Buffalo Bills owner Terry Pegula said in a securities filing he’s aiming to raise $300 million by selling shares in East Resources Acquisition Co., a blank-check company that’s looking to scoop up …
-
Billionaire Bill Ackman’s Second Act kicks off on Tuesday with plans to raise $4 billion from stock investors to be used on a mystery investment. The 54-year-old investor on Tuesday will attempt to sell 200 million units of his new blank-check company, Pershing Square Tontine Holdings, at $20 a share. And sources say he’s signaled …
-
Pershing Square Tontine Holdings, the blank check company backed by billionaire investor Bill Ackman, has increased the size of its initial public offering by $1 billion to $4 billion, the largest ever IPO by a special purpose acquisition company, or SPAC. The firm plans to go public with 200 million units at $20 each, according …
Ackman tweeted his disdain of Terra and that the cryptocurrency industry 'self-regulate' projects with 'no underlying business concepts.'
