Text size William Ackman Bryan Bedder / Getty Images for The New York Times A special-purpose acquisition company, or SPAC, sponsored by Bill Ackman’s Pershing Square Capital Management, made its debut on the New York Stock Exchange on Wednesday in the largest initial public offering of blank checks. The offering …
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Billionaire hedge fund manager Bill Ackman, the largest “blank check” company, went public on Wednesday, with more than $ 4 billion in his kitty to acquire a still-undetermined company, and has two years to choose a . Pershing Square Tontine Holdings Ltd. PSTH.UT, + 7.97% is a special purpose acquisition …
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It’s best to wait until you’re 70 to start receiving Social Security retirement benefits, even if it means tapping your retirement assets deep in a bear market. Why? Because the guaranteed and risk-free increase of 8% per year in the Social Security benefit is an unbeatable deal. And yet, in …
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It’s best to wait until you’re 70 to start receiving Social Security retirement benefits, even if it means tapping your retirement assets deep in a bear market. Why? Because the guaranteed and risk-free increase of 8% per year in the Social Security benefit is an unbeatable deal. And yet, in …
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Gold and silver rose further on Wednesday, after China said the United States ordered it to close its Houston consulate, signaling a further increase in tensions between the two countries and sparking demand for safe-haven assets. “Gold attracts flows when real interest rates compress and when political tensions increase, making …
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