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Pershing Square USA to investors: please ignore Bill Ackman

Financial Times LogoFinancial Times13h ago

Pershing Square USA to investors: please ignore Bill Ackman - Financial Times

Quick Summary:

Yep, that’s Pershing Square USA basically disavowing a letter its CEO sent to prospective investors in a filing to the SEC.

The head of Pershing Square expects the fund will file with US regulators to raise $2.5 billion to $4 billion, according to a filing Thursday.

In addition, the underwriters may determine to sell more, less or no Common Shares in the Offering to any investor.– The statements regarding the Pershing Square Tontine Holdings, Ltd.IPO.


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Article Details

Author / Journalist: Robin Wigglesworth

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 15:56:19 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 816 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21774788

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About Financial Times

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Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 20 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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