Expectations had dimmed for the IPO of Bill Ackman’s new fund. Now, the offering is being pulled.

Date:

July 31, 2024

Billionaire investor Bill Ackman’s Pershing Square USA is withdrawing its plans for an initial public offering, according to a statement released on Wednesday, after ratcheting back expectations for the fund’s debut over recent days.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Expectations had dimmed for the IPO of Bill Ackman’s new fund. Now, the offering is being pulled.

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