Bill Ackman to Close SPAC, Return $4 Billion

Fae Courter
By Fae Courter
July 12, 2022NTD Business

Billionaire investor Bill Ackman is closing the largest SPAC of all, Pershing Square Tontine Holdings. He’s returning $4 billion to investors. It comes at a time when special purpose acquisition companies aren’t doing well.

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