Bill Ackman Plans To Take Pershing Square Public By 2025, Following $10.5B Valuation Deal: Report
Portfolio Pulse from Benzinga Neuro
Bill Ackman plans to take his hedge-fund firm, Pershing Square, public by 2025 following a $10.5 billion valuation deal. The firm manages $16.3 billion in net assets and holds stocks like Chipotle Mexican Grill (NYSE:CMG) and Universal Music Group. Ackman aims to attract more assets and leverage his social media presence to drive investor interest.
May 31, 2024 | 11:10 am
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Chipotle Mexican Grill (NYSE:CMG) is part of Pershing Square's concentrated portfolio. The planned IPO of Pershing Square could lead to increased visibility and potential inflows into CMG.
As part of Pershing Square's portfolio, CMG could benefit from increased visibility and potential inflows following the IPO. Ackman's strategy and social media presence may attract more investors to CMG.
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