Learn more

The much-anticipated initial public offering (IPO) of billionaire investor Bill Ackman‘s Pershing Square closed-end fund has been postponed, as confirmed by the New York Stock Exchange (NYSE.) What Happened: On Friday, the NYSE announced on its website that the listing of Pershing Square USA Ltd. has been delayed, with a new date yet to be disclosed. Pershing Square refrained from commenting further but issued a statement clarifying that the IPO is still proceeding, with the pricing date to be announced later. See Also: Lindsey Graham Says ‘Americans Are Struggling, And Our Country Is Heading …

cuu