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Investors are starting to worry Bill Ackman's blank-check company is struggling to find an acquisition target, Institutional Investor reported this week. The billionaire hedge fund manager told invest
Billionaire investor William Ackman said on Tuesday that he hopes to make an announcement on the target for his $4 billion blank-check investment vehicle within weeks.
Although unlikely, Pershing Square Tontine could buy Domino's Pizza. PSTH stock would become a risky LBO fund rather than a reverse merger.
Tuesday had some wild trading.
PSTH stock has roared back to life. Founder Bill Ackman suggested that the SPAC is almost ready to unveil its long-awaited merger.
The billionaire investor's mega-SPAC has apparently been in talks with a mega-target for months and while a deal might be imminent or fall apart entirely, investors are already buying the hype on rumo
At some point, a clearly identifkied target will likely push PSTH stock higher. Until then, traders would seem to have better options.
Bill Ackman's big wins in 2019 and 2020 help to explain why his latest SPAC, Pershing Square Tontine Holdings, is trading at nearly $25 a share despite the fact that it has yet to announce a target co
SPACs are the newest way to fight the Wall Street establishment. But, despite their populist appeal, the real winners aren't the long-term shareholders.
Bill Ackman's eight specific standards may be difficult for a SPAC target to satisfy. As a result, shares of PSTH stock are stuck as the search continues.
Investors in PSTH stock have seen some pretty consistent selling pressure of late as they eagerly await an announced merger partner. The post Why Pershing Square Tontine Could Be Put In the Penalty Bo

2 New Closed-End Funds In The Pipeline

12:01pm, Friday, 23'rd Apr 2021
Today, I wanted to go over two funds that should tentatively be launching in the future. The fund sponsors have filed with the SEC forms N-2 - this is a file to register new offerings, secondary offer
The wait for Pershing Square Tontine Holdings to find a target continues. PSTH stock remains rudderless.
PSTH stock enjoyed substantial early demand due to SPAC sponsor Bill Ackman but a ticking clock has hurt the narrative. The post Pershing Square Tontine Finds Itself in the Pressure Zone appeared firs
The SPAC boom turned into a SPAC bubble. PSTH stock followed that trajectory — but like many SPACs, it remains overvalued.
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