Bill Ackman Cancels SPAC Plan for Universal Group Deal amid Regulatory Scrutiny

Coinspeaker
Bill Ackman Cancels SPAC Plan for Universal Group Deal amid Regulatory Scrutiny

The US SEC along with some investors raised concerns over the $4 billion investment in Universal Group via the SPAC – Pershing Square Tontine Holdings (PSTH). Ackman shall now fund this investment through his Pershing Square hedge fund.

Bill Ackman Cancels SPAC Plan for Universal Group Deal amid Regulatory Scrutiny

Coinspeaker

3 total views, 1 views today

Author: toutiao