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Pershing Square Tontine Holdings trades well below its sum-of-the-parts. PSTH stock is worth $30.50 on a SOTP basis, implying a 35% potential return for investors.
In the first few weeks since announcing a merger target, shares of PSTH stock may have found a floor. But investors disagree about the stock's upside.
NEW YORK--(BUSINESS WIRE)--Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH) today released a replay of its June 23rd presentation, Music is Universal, on its website www.PSTontine.com. The associate
The Pershing Square chief compared Universal CEO Lucian Grainge to Steve Jobs and Walt Disney in terms of his contribution to his industry.
Bill Ackman hosted an analyst day Wednesday for his Pershing Square Tontine Holdings (NYSE: PSTH) SPAC. Here is a look at some of the new and updated details from the company's merger and remaining co
Bill Ackman, whose blank check acquisition company struck a deal to buy 10 percent of Universal Music Group last week, is exploring options to increase his stake in the music label and expects to clos
The Pershing Square Tontine Holdings LTD. (NASDAQ:PSTH) SPAC was moving Wednesday after the SPAC reached a deal with French media conglomerate Vivendi.
Billionaire investor Bill Ackman said on Tuesday that he could envision a stock listing for Universal Music Group, the world's largest music group, in the United States after it lists in Amsterdam in
Influential hedge fund manager Bill Ackman has made a clever deal to buy part of UMG. PSTH stock should rally as people dig into the deal's mechanics.
Pershing Square Tontine Holdings is a SPAC that's moving ahead with an acquisition of Universal Music Group. Patient PSTH stock investors are getting a better sense of what's in it for them.
Pershing Square Tontine & GS Acquisition II: Two Stellar De-SPAC Deals
Pershing Square Tontine Holdings Ltd. ( PSTH , Financial), the special purpose acquisition company backed by billionaire hedge fund investor Bill Ackman (Trades, Portfolio), announced on Sunday it has
Yahoo Finance's Julie Hyman reports the latest financial news including billionaire investor Bill Ackman's SPAC buying a 10% stake in Vivendi's Universal Music Group for $4 billion, ex-Tesla president
Billionaire hedge fund manager Bill Ackman has agreed to buy 10% of Universal Music Group for about $4 billion.
Billionaire investor Bill Ackman bought a 10 percent stake in Vivendi's Universal Music Group for $4 billion, valuing the world's largest record label -- which is home to Drake, Taylor Swift and Billy
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