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Exclusive: Pershing Square's Ackman eyes $1 billion-plus 'blank-check' company - sources

Billionaire investor William Ackman's hedge fund Pershing Square Capital Management has filed confidentially with U.S. regulators for an initial public offering (IPO) of a blank-check investment vehicle that could raise more than $1 billion and be the biggest of its kind, according to people familiar with the matter. [Source]

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Origin: reuters.com

Category: topNews

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Source: http://feeds.reuters.com/~r/reuters/topNews/~3/vJ1WVA9Sksc/exclusive-pershing-squares-ackman-eyes-1-billion-plus-blank-check-company-sources-idUSKBN23I1ZD