Bill Ackman’s $5B Pershing Square IPO Falls Short of $25B Goal
Bill Ackman’s Pershing Square raises $5B in a dual NYSE IPO but shares sink ~18% on debut as retail demand misses the original $25B target.
Bill Ackman
Bill Ackman Just Made His Biggest Bet Yet. It’s Not a Tech Stock.
Pershing Square’s $64.4 billion proposal to acquire Universal Music Group is the most audacious activist move in years — and it tells you something important about where smart money thinks the next decade of returns lives.