The initial public offering of Mr. Ackman’s new fund, Pershing Square USA, raised $5 billion.
Category: Ackman, William A
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Despite High Oil Prices and Volatile Stocks, Companies See Openings for Deals
Bankers say companies are braving higher oil prices and whipsawing stock prices to seize on the willingness of federal antitrust enforcers to approve mergers.
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Bill Ackman’s Fund Offers to Buy Universal Music in $64 Billion Deal
The complex transaction pitched by the billionaire hedge fund manager would need to pass muster with the music label’s shareholders.