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Bill Ackman’s IPO Dream Shrinks From $25 Billion to Zero
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August 1, 2024
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0:54Now PlayingBill Ackman’s Pershing Square USA has withdrawn the initial public offering for a US closed-end fund after previously expecting to raise $25 billion. Ackman first cut that target to $4 billion and then to $2 billion before pulling the IPO completely on Wednesday. Tom Metcalf reports on Bloomberg Television.
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