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PSTH / Bill Ackman's Spac to return funds after fruitless two years

Bill Ackman's Spac to return funds after fruitless two years
Billionaire investor Bill Ackman said he will return US$4bn to investors in what was the biggest-ever special purpose acquisition company (Spac) after it was unable to find a suitable merger. Backed by Ackman's Pershing Square hedge fund, Pershing Square Tontine Holdings Ltd (PSTH) floated in the relative Spac heyday of July 24 2020. Read More
Posted: Jul 12 2022, 08:07
Author Name: Proactive Investors
Views: 110694

PSTH News  

Billionaire investor Bill Ackman considering deal with Elon Musk's X: report

By New York Post
October 1, 2023

Billionaire investor Bill Ackman considering deal with Elon Musk's X: report

Pershing Square SPARC Holdings Ltd, said that it will pursue business combinations with privately-held companies after receiving regulatory approval f more_horizontal

Bill Ackman reportedly said he would 'absolutely' do a deal with X with his new SPARC funding vehicle

By CNBC
October 1, 2023

Bill Ackman reportedly said he would 'absolutely' do a deal with X with his new SPARC funding vehicle

Bill Ackman would 'absolutely' do a deal with X with his new SPARC funding vehicle, he told The Wall Street Journal. more_horizontal

Regulators approve Bill Ackman's special purpose acquisition rights company

By CNBC Television
September 29, 2023

Regulators approve Bill Ackman's special purpose acquisition rights company

CNBC's Leslie PIcker and Mike Santoli report on breaking news concerning billionaire investor Bill Ackman. more_horizontal

Bill Ackman's SPAC gets green light from the SEC and he's looking for something to buy

By CNBC
September 29, 2023

Bill Ackman's SPAC gets green light from the SEC and he's looking for something to buy

The Securities and Exchange Commission greenlit what the Pershing Square CEO has called a SPARC — a special purpose acquisition rights company. more_horizontal

Bill Ackman will repay investors $4 billion after his SPAC fails

By CNN Business
July 12, 2022

Bill Ackman will repay investors $4 billion after his SPAC fails

Billionaire activist investor Bill Ackman will close his special purpose acquisition company and return $4 billion to investors after failing to find more_horizontal

Bill Ackman to close largest SPAC ever, return billions to investors

By Fox Business
July 12, 2022

Bill Ackman to close largest SPAC ever, return billions to investors

Billionaire hedge fund manager Bill Ackman is shutting down his Pershing Square Tontine Holdings SPAC after failing to find a suitable target company. more_horizontal

Pershing Square Tontine Holdings Is Winding Up

By Seeking Alpha
July 12, 2022

Pershing Square Tontine Holdings Is Winding Up

Pershing Square Tontine Holdings is returning $20.05 per share to common shareholders. Shareholders may also receive 1/2 SPAR at a later date. more_horizontal

For PSTH Stock Fans, Bill Ackman's Next Step Could Take 10 Years

By InvestorPlace
July 12, 2022

For PSTH Stock Fans, Bill Ackman's Next Step Could Take 10 Years

PSTH stock is back in focus after Pershing Square's Bill Ackman announced that the SPAC would return $4 billion of capital back to investors. The post more_horizontal


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