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Stan Rogers Folk Festival 2024: 27 years of music and community | SaltWire #festival #music #ns - Hedge fund billionaire Bill Ackman is planning an initial public offering for his investment firm Pershing Square Capital Management as soon as next year, the Wall Street Journal reported on Friday.
As a precursor to a public listing, Ackman is selling a stake in Pershing Square to investors in a funding round expected to value the firm at around $10.5 billion, the report said, citing people familiar with the matter.Pershing Square did not immediately respond to a Reuters request for comment.It has been our privilege to have the trust and support of our East Coast communities for the last 200 years. Our SaltWire team is always watching out for the place we call home.
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