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Billionaire Bill Ackman’s Pershing Square USA postpones IPO

July 26, 2024
in Business
Reading Time: 3 mins read
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Billionaire Bill Ackman’s Pershing Square USA postpones IPO
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Pershing Square USA, a fund managed by billionaire Bill Ackman, has postponed its initial public offering, according to a notice on the New York Stock Exchange’s website on Friday.

The billionaire’s new investment venture had aimed to manage about $25 billion in assets.

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The IPO of Bill Ackman’s Pershing Square USA was postponed. REUTERS

This is a developing story. Please check back for updates.

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