Daily Archives: April 4, 2024

04Jun11:26 amEST

Just Say the Word, Oh, SPAC-SPAC-SPACicide

News that Bill Ackman's SPAC, Pershing Square Tontine Holdings (PSTH), is considering buying 10% of Universal Music Group from Vivendi (the French media conglomerate) which values the music company at around $42 billion, getting the Bronx cheer from the market today.  As I write this, PSTH is down more than 13% on the session and, more...

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