PSTH News and Press, Pershing Square Tontine Holdings Ltd. Class A From 07/12/22

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Bukhta Yurii / Shutterstock.com Greenwich Lifesciences (NASDAQ: GLSI ) stock is heading higher on Tuesday after the U.S. Food and Drug Administration (FDA) lifted a hold on a Phase III clinical trial . ...

I like to put money in closed-end funds from time-to-time. RiverNorth Opportunities is a popular closed-end fund because it performs well. The fund runs a solid strategy that makes sense to me. I'm passing because its popularity has increased the premium too much. Ri...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Bill Ackman’s special purpose acquisition company (SPAC), Pershing Square Tontine (NYSE: PSTH ) , announced that it would suspend its operations “except for winding up its business after July 26.”...

Famed hedged fund investor Bill Ackman said on Monday that he's winding down his SPAC Pershing Square Tontine ( NYSE: PSTH ) after failing to find a suitable company to take public. Pershing Square Tontine ( PSTH ) will redeem all of its outstanding share s effe...

Pershing Square Tontine ( NYSE: PSTH ) will redeem all of its outstanding shares , effective as of July 26, 2022, because the company will not consummate an initial business combination within the time period required. Company currently expects the per-share redemption pri...

Let’s say you and a bunch of other investors pool your money and hire an acquisitions expert. This dealmaker uses the large amount of cash raised as leverage to help negotiate a great deal acquiring an existing business. The agreement with the dealmaker is, if he finds something interes...

PSH just held earnings call; a wind-up of PSTH now looks like the most likely scenario. The common is actually quite interesting right now; you get a bit of return and possibly a SPAR. For warrants, things look quite bleak, and currently, the common seems much preferable to me. ...

Bill Ackman’s 13F portfolio value decreased from $10.78B to $10.39B this quarter. Pershing Square decreased Hilton Worldwide Holdings this quarter. The largest three 13F positions are Lowe's Companies, Chipotle Mexican Grill, and Hilton Worldwide. They together account for ...

Seth Klarman's Baupost fund acquired new positions in Gray Television (GTN) with 1.29M shares, BellRing Brands (BRBR) with 0.48M shares and POST (POST) with 0.38M shares as disclosed in its recent Q2 filing. The fund expanded stakes in ironSource (IS) to 7.94M shares from ~4M shares, in Dropb...

Seth Klarman’s 13F portfolio value decreased from $10.13B to $9.30B this quarter. Baupost Group increased Fiserv, Dropbox, Encompass Health, Nuvation Bio, and ironSource while reducing Joby Aviation and dropping Pershing Square Tontine and NortonLifeLock. The portfolio cont...