A highly-anticipated initial public offering for billionaire hedge fund manager Bill Ackman’s U.S. closed-end fund is postponed, according to an update on the New York Stock Exchange website.
Pershing Square USA Ltd. had already scaled back the size of its planned first-time share sale from a target of about $25 billion to between $2.5 billion and $4 billion. Now, the listing has been delayed until a date to be announced, according to the NYSE website. The offering was slated to price on Monday before trading the following day, according to...
A highly-anticipated initial public offering for billionaire hedge fund manager Bill Ackman’s U.S. closed-end fund is postponed, according to an update on the...
Former President Barack Obama and former first lady Michelle Obama have endorsed Kamala Harris in her White House bid, giving the vice president the expected...
The Justice Department submitted an agreement with Boeing on Wednesday in which the aerospace giant will plead guilty to a fraud charge for misleading U.S....
