Pershing Square Capital Management founder Bill Ackman said his new special-purpose acquisition company is the “investor-friendly SPAC in the world.” “What’s new in our structure is that it is the first SPAC where we are not receiving compensation: no management fees, incentive fees … we are not buying cheap stocks. …
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Bill Ackman’s special-purpose acquisition company Pershing Square Tontine Holdings raised its IPO target to $ 4 billion from $ 3 billion, according to a regulatory filing Monday. SPAC now aims to go public with 200 million units at a price of $ 20 each. The new goal should set a …
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Text size Bill ackman Bryan Bedder / Getty Images for the New York Times Bill Ackman’s Pershing Square Capital Management made a splash in late June, when he asked to raise a $ 3 billion blank check company with some unconventional terms. Voluntary initial public offering investors are clearly plentiful: …
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Text size Bill ackman Bryan Bedder / Getty Images for the New York Times Bill Ackman’s Pershing Square Capital Management made a splash in late June, when he asked to raise a $ 3 billion blank check company with some unconventional terms. Voluntary initial public offering investors are clearly plentiful: …
Read More »