Ackman selling stake in Pershing Square at $10.5 billion valuation, aiming for IPO

Ackman selling stake in Pershing Square at .5 billion valuation, aiming for IPO

Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC Billionaire investor Bill Ackman is selling a 10% stake in Pershing Square, aiming to eventually take his investment firm public. Ackman’s firm is raising $1.05 billion in a funding round, … Read more