Bill Ackman’s SPAC Deal Gets Tougher
The investor’s response to a lawsuit marks another twist in efforts to salvage the billion-dollar blank check car. Source link
The investor’s response to a lawsuit marks another twist in efforts to salvage the billion-dollar blank check car. Source link
The lawsuit could have far-reaching consequences for the entire blank check industry. Source link
On second thought… Pershing Square Tontine Holdings, Bill Ackman’s massive SPAC, did so in a highly complex transaction when it reached an agreement to buy a 10 percent stake in Universal Music Group last month. got a lot of explanation. Now, feedback from the SEC forced Ackman to change course. Here’s a quick reminder of …
Continue reading “Bill Ackman’s SPAC Abandons Universal Music Agreement”