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Ackman Starts Marketing Pershing IPO to Raise up to $10 Billion
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-- Bailey Lipschultz, Bloomberg News Senior Equities Reporter, discusses Bill Ackman kicking off formal marketing for the US initial public offering of his closed-end fund and his hedge fund. The IPO for Pershing Square USA Ltd. is expected to price on April 28, and could raise as much as $10 billion, according to a statement.
-Neil Sipes, Bloomberg Intelligence Financials Analyst, discusses…
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