Bill Ackman’s Pershing Square has sold a 10% stake for $1.05 billion ahead of a planned initial public offering. The deal values the company at over $10 billion. Investors include Arch Capital Group,...
Hedge-fund manager Bill Ackman is selling a 10% stake in Pershing Square ahead of a planned initial public offering (IPO) of his investment firm, according to a source familiar with the matter. The funding...
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