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July 26, 2024
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Bill Ackman’s IPO of Pershing Square closed-end fund postponed: NYSE

Source: cnbc.com cnbc.com
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Billionaire investor Bill Ackman is postponing the highly scrutinized listing of Pershing Square's U.S. closed-end fund, according to a notice on the New York Stock Exchange's website. The initial public offering of Pershing Square USA Ltd., with the ticker PSUS, has been delayed until a date to be announced, according to the website. Ackman is now looking to raise $2.5 billion to $4 billion for the fund, well short of the $25 billion target from a few weeks ago, according to a regulatory filing dated Thursday. Pershing Square declined to comment further. The firm issued a statement "to clarify press...
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July 17, 2024

Bill Ackman tells investors his ‘notoriety’ will boost new fund


Source: finance.yahoo.com finance.yahoo.com

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