Bill Ackman plans to take Pershing Square public: WSJ

Reported 6 months ago

Billionaire investor Bill Ackman is reportedly planning to take his investment firm, Pershing Square, public as early as next year, with a potential valuation of $10.5 billion. This move would involve Ackman selling a stake in the firm to investors in a funding round. The public listing of Pershing Square could offer investors an opportunity to get involved in Ackman's holdings, including well-known companies like Chipotle, Hilton, and Universal Music Group.

Source: YAHOO

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