The Latest Breaking News from Bill Ackman

Bill Ackman to wind up Spac and return $4bn to investors

Billionaire says he failed to find a suitable company to take public using his investment vehicle

The Guardian - UK · Jul 12, 2022

Bill Ackman To Wind Down SPAC After Failing to Find Target Company: What Happens To Shareholder Funds?

Pershing Square Tontine Holdings Ltd (NYSE: PSTH), a special purpose acquisition company (SPAC) promoted by hedge fund manager Bill Ackman, said on Monday that it will return $4 billion of capital in trust to shareholders.

Benzinga · Jul 12, 2022

Morning Brief: Top Financial Stories Dominating on Wednesday, June 15

Reuters Warner Bros Discovery To Undergo Major Global Ad Sales Team Restructuring

Benzinga · Jun 15, 2022

Investors should take a cautious approach to THG takeover talk

The retailer continues to make the simple business of selling stuff online sound complicated

The Guardian - UK · Apr 21, 2022

Morning Brief: Top Financial Stories Dominating on Thursday, April 21

CNBC Ford Unveils Lincoln Star Electric SUV Concept

Benzinga · Apr 21, 2022

Hedge fund boss Bill Ackman takes £300 million hit dumping Netflix stake

Film streaming company had said it lost 200,000 subscribers in the first three months of the year

Evening Standard · Apr 21, 2022

US hedge fund billionaire sells Netflix stake at huge loss

Bill Ackman’s Pershing Square fund dumps 7% stake for $400m loss after streaming service’s value plunges

The Guardian - UK · Apr 21, 2022

Here's How Much Reed Hastings, Bill Ackman And Baillie Gifford Lost On The Netflix Plunge

Netflix Inc (NASDAQ: NFLX) subscriber base had been steadily increasing for more than a decade, until the company announced first-quarter earnings on Tuesday, revealin

Benzinga · Apr 20, 2022

Bill Ackman Is The Latest High-Profile Short Seller To Abandon Bearish Bets

On Tuesday, hedge fund investor and Pershing Square Holdings Ltd (OTC: PSHZF) CEO Bill Ackman told investors he will no longer be participating in activist short selling campaigns.

Benzinga · Mar 30, 2022

How To Get Rich When The Stock Market Drops

Volatility in global financial markets triggered by the conflict in Ukraine has investors concerned about a potential U.S. recession in 2022. The SPDR S&P 500 ETF Trust (NYSE: SPY) is down more than 10% year-to-date, while WTI crude oil prices have risen to 13-year highs.

Benzinga · Mar 10, 2022