Previous 10 | Next 10 |
According to reports in the media, Bill Ackman’s SPAC, Pershing Square Tontine Holdings ( NYSE: PSTH ) is sued. Individuals fighting this matter to the court of the law claim that directors were awarded massive compensation for having the company’s unique status re...
Seth Klarman’s 13F portfolio value decreased from $12.56B to $12.33B this quarter. Baupost Group increased Micron Technology and Facebook while dropping Fox Corp. The portfolio continues to be heavily concentrated with the top three positions accounting for ~32% of the 13F ...
Pershing Square Tontine Holdings (NYSE: PSTH) , the massive special purpose acquisition company, or SPAC, run by hedge fund manager Bill Ackman, recently announced the cancellation of its plans to acquire 10% of Universal Music to the disappointment of many investors. In this Fool...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Bill Ackman threw a monkey wrench into the SPAC world with the June 2021 announcement that his Pershing Square Tontine Holdings (NYSE: PSTH ) would acquire a 10% stake in Universal Music Group (UMG) . The deal is ess...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Pershing Square Tontine (NYSE: PSTH ) special purpose acquisition company (SPAC) has turned into quite the mess. All year, PSTH stock was a trader favorite. Everyone speculated on what company famed hedge fun...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Last year was an unprecedented one for special purpose acquisition companies (SPACs). Also known as blank-check companies, SPACs have no explicit business plan. Rather, they are to acquire or merge with an unspecified priva...
We've now heard from all of the big banks, so on this week's Industry Focus: Financials , Matt Fankel and Jason Moser are digging into the results. They're diving into the latest numbers from JPMorgan Chase (NYSE: JPM) , Bank of America (NYSE: BAC) , Wells Fargo ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Bill Ackman’s special purpose acquisition company (SPAC) Pershing Square Tontine Holdings (NYSE: PSTH ) just dumped its complicated deal to acquire 10% of Universal Music Group (UMG) for the SPAC. As ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Warren Buffett is worth more than $100 billion. Believe it or not, that $100-billion-plus net worth didn’t come out of thin air. Rather, he earned this as one of the greatest investors of all time. As such, his wide...
PSTH is calling off the deal with UMG and putting it inside PSH. Market is selling PSH off hard which is directionally right. Pre-market PSTH down as well which is harder to justify. Put selling on PSTH is back on the menu for me. For further details see: Pershing Sq...
News, Short Squeeze, Breakout and More Instantly...
Pershing Square Tontine Holdings Ltd. Class A Company Name:
PSTH Stock Symbol:
NYSE Market:
Special purpose acquisition companies, or SPACs, have been a part of the investment world for years, but to say they surged in popularity in 2020 and 2021 would be an understatement. Seeking to capitalize on the opportunities in the market created by the COVID-19 pandemic's disruption, hedg...