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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
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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 …
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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 …
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Bill Ackman wants $6.5 billion to go unicorn hunting. In regulatory filing on Monday, the billionaire hedge fund manager announced new plans for his “blank-check IPO,” including efforts to raise $3 billion to $6.5 billion — up from $1 billion. Ackman, 54, also revealed plans to use the money to go after “mature unicorns,” which …
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After making billions on the pandemic in March, Bill Ackman is on the lookout for a new investment. The founder and CEO of Pershing Square Capital Management has reportedly filed for what’s known on Wall Street as “a blank-check IPO” — or a public offering meant to raise money for an acquisition or merger. In …
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When billionaire Bill Ackman went on television last week to tearfully warn that “hell is coming” and beg the White House to shut down the country for 30 days, he was knee deep in a bet against the markets that netted him $2.6 billion. In a Wednesday note to investors of his Pershing Square fund, …
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
