Pershing Square USA, Ltd. Withdraws IPO; Says Will Report Back Once We Are Ready To Launch A Revised Transaction
Portfolio Pulse from Benzinga Newsdesk
Pershing Square USA, Ltd. has decided to withdraw its initial public offering (IPO).
July 31, 2024 | 6:40 pm
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NEUTRAL IMPACT
Pershing Square USA, Ltd. has withdrawn its IPO, which may have a minor impact on the broader market sentiment.
The withdrawal of an IPO by Pershing Square USA, Ltd. could slightly affect market sentiment, but the impact on SPY is expected to be minimal given the ETF's broad market exposure.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 20