Pershing Square Tontine Holdings (PSTH)
|Net Income (ttm)||n/a|
|Trading Day||July 30|
|Day's Range||20.28 - 20.49|
|52-Week Range||20.13 - 34.10|
Bill Ackman's SPAC has some stringent requirements for any potential company it might pair with, which is discouraging news for PSTH stock. The post Pershing Square Tontine Holdings Will Languish Until ...
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Warren Buffett's net worth demonstrates that his investment rules work. But these three investors are breaking his rules with great success.
A deal for Universal Music, yes, but not through the much ballyhooed SPAC route. Hedge fund titan Bill Ackman, as has been widely reported, has abandoned his plans to take a stake in Universal Music Gro...
The SEC has been circling around SPACs in 2021. The company's pressure on how warrants were recognized by companies led to a backlog of deal votes and company's set to publicly list.
Pershing Square Capital Management founder and CEO Bill Ackman (Trades, Portfolio) said Monday he does not believe the spread of the delta variant of the Covid-19 virus will pose a significant threat to...
Bill Ackman's Pershing Square Tontine Holdings (NYSE: PSTH) withdrew from plans of getting a 10% stake in Vivendi's Universal Music Group on Monday. The billionaire investor will now buy a 10% stake in ...
What will the stock market do today? It seems like mergers and acquisitions might be the buzzwords going into a busy week of trading.
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Pershing Square (PSTH) is seeing its stock dip lower this morning after the company pulled out of a deal with Universal Music Group. The post PSTH Stock Alert: Why Pershing Square Pulled Out of the Univ...
Hedge-fund billionaire William Ackman is dropping plans to use his SPAC to invest in Universal Music Group, saying the Securities and Exchange Commission wasn't convinced the deal met the rules for such...
Bill Ackman on pulled SPAC: New SEC concerns killed Universal Music deal
Bill Ackman, CEO of Pershing Square Capital Management, joins CNBC's "Squawk Box" team to discuss why he pulled his SPAC deal with Universal Music, markets, Covid and more.
Investor Bill Ackman announced that his firm is dropping plans to use his SPAC to invest in Universal Music Group after the Securities and Exchange Commission raised questions over the deal.
Bill Ackman's SPAC drops deal to buy 10% of Universal Music
CNBC's Andrew Ross Sorkin reports on why Pershing Square Capital CEO Bill Ackman's SPAC drops its deal to buy 10% of Universal Music.
On a sum-of-the-parts valuation, InvestorPlace's Mark Hake puts PSTH stock at $30.50. Is Bill Ackman's SPAC the way to play Universal Music Group?
Billionaire investor Bill Ackman's SPAC Pershing Square Tontine Holdings (NYSE: PSTH) said on Monday it is no longer pursuing a deal to buy 10% of Universal Music Group, a unit of Vivendi SE (OTC: VIVHY...
Billionaire investor Bill Ackman's blank-check company said Monday it had dropped a deal to buy 10% of Vivendi's flagship Universal Music Group.
Billionaire investor William Ackman's Pershing Square Tontine Holdings has dropped a deal to buy 10% of Vivendi's Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.
NEW YORK--(BUSINESS WIRE)--Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH) CEO Bill Ackman today issued the following letter. July 19, 2021 Dear PSTH Shareholder, Yesterday, our board of directors un...
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Pershing Square Tontine Holdings trades well below its sum-of-the-parts. PSTH stock is worth $30.50 on a SOTP basis, implying a 35% potential return for investors.
This is one of the most complex SPAC deals ever, but could be one of the best values as well.
In the first few weeks since announcing a merger target, shares of PSTH stock may have found a floor. But investors disagree about the stock's upside.
NEW YORK--(BUSINESS WIRE)--Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH) today released a replay of its June 23rd presentation, Music is Universal, on its website www.PSTontine.com. The associated ...
Bill Ackman hosted an analyst day Wednesday for his Pershing Square Tontine Holdings (NYSE: PSTH) SPAC. Here is a look at some of the new and updated details from the company's merger and remaining comp...
Bill Ackman, whose blank check acquisition company struck a deal to buy 10 percent of Universal Music Group last week, is exploring options to increase his stake in the music label and expects to close ...
The Pershing Square Tontine Holdings LTD. (NASDAQ:PSTH) SPAC was moving Wednesday after the SPAC reached a deal with French media conglomerate Vivendi.
Billionaire investor Bill Ackman said on Tuesday that he could envision a stock listing for Universal Music Group, the world's largest music group, in the United States after it lists in Amsterdam in Se...
Influential hedge fund manager Bill Ackman has made a clever deal to buy part of UMG. PSTH stock should rally as people dig into the deal's mechanics.
Vivendi shareholders overwhelmingly backed the spinoff of its lucrative Universal Music Group, home to recording artists like Taylor Swift, Lady Gaga and Ed Sheeran.
Pershing Square Tontine Holdings is a SPAC that's moving ahead with an acquisition of Universal Music Group. Patient PSTH stock investors are getting a better sense of what's in it for them.
Pershing Square Tontine Holdings Ltd. ( PSTH , Financial), the special purpose acquisition company backed by billionaire hedge fund investor Bill Ackman (Trades, Portfolio), announced on Sunday it has s...
Ex-Tesla president sells shares, Bill Ackman's SPAC buys 10% of Vivendi's Universal Music for $4B
Yahoo Finance's Julie Hyman reports the latest financial news including billionaire investor Bill Ackman's SPAC buying a 10% stake in Vivendi's Universal Music Group for $4 billion, ex-Tesla president J...
Billionaire hedge fund manager Bill Ackman has agreed to buy 10% of Universal Music Group for about $4 billion.
Ackman's SPAC signs deal to buy 10% stake in Universal Music Group
Bill Ackman's SPAC, Pershing Square Tontine Holdings, has signed a deal to buy 10% of Universal Music Group for about $4 billion. CNBC's Jim Cramer, Carl Quintanilla and David Faber discuss.
Billionaire investor Bill Ackman bought a 10 percent stake in Vivendi's Universal Music Group for $4 billion, valuing the world's largest record label -- which is home to Drake, Taylor Swift and Billy E...
Pershing Square Tontine Holdings (NYSE: PSTH), a blank-check firm owned by billionaire investor William Ackman said on Sunday it is buying 10% of Universal Music Group, a unit of Vivendi SE (OTC: VIVHY)...
NEW YORK--(BUSINESS WIRE)--Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH) today released a presentation on its website that further describes the transactions announced earlier today. The presentati...
French media giant Vivendi has reached a deal to sell a 10% stake in Universal Music Group to hedge fund billionaire Bill Ackman's Pershing Square in a deal that values the music company at more than $4...
Pershing Square Tontine Holdings, Ltd. (“PSTH”) to Acquire 10% of the Ordinary Shares of Universal Music Group (“UMG”...
NEW YORK--(BUSINESS WIRE)--Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH) (“PSTH”), a special purpose acquisition company, announced today that it had entered into a definitive agreement with Vivend...
Bill Ackman's plan to acquire 10% of Universal Music Group could face a setback with Vivendi shareholders speaking out against the transaction. What Happened: Bill Ackman's Pershing Square Tontine Hold...
This could be the most complicated SPAC deal yet, but we've got you covered.
Tencent-led consortium increased its stake in Universal Music Group to 20% The planned IPO will take place by the end of September 2021
Investors in Bill Ackman's Pershing Square Tontine Holdings – a SPAC – are getting more than just shares of Universal Music Group.
Hedge fund billionaire Bill Ackman setup up the $4 billion special purpose acquisition vehicle (SPAC), Pershing Square Tontine Holdings Ltd (NYSE: PSTH), in July 2020. But after almost a year without a ...
Bill Ackman creates the first-of-its-kind SPARC—Here's what it means
Billionaire investor Bill Ackman announced Friday plans to buy 10% of Universal Music Group for around $4 billion. The deal would leave $1.5 billion in residual cash in Ackman's SPAC, which would be rol...
Pershing Square Tontine Holdings Ltd. (NYSE: PSTH) gapped down over 10% Friday morning after the Wall Street Journal reported the Bill Ackman-backed special purpose acquisition company is in talks to me...
Bill Ackman's SPAC confirms talks to buy 10% stake in Universal Music
Bill Ackman's Pershing Square has confirmed it is in talks to buy a 10% stake in Universal Music Group. Yahoo Finance's Adam Shapiro and Julia La Roche discuss.
Ackman expects to sign Universal Music Group deal by June 22
CNBC's Scott Wapner and Leslie Picker report on Bill Ackman's deal to acquire 10 percent of Universal Music Group.
The SPAC confirmed that it is looking to acquire a stake in Universal Music Group to distribute to its investors.
Pershing Square Tontine Holdings, Ltd. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.
|IPO Date |
Jul 22, 2020
|Stock Exchange |
|Ticker Symbol |