#Bill Ackman slams Sam Bankman-Fried’s 0M bond deal

#Bill Ackman slams Sam Bankman-Fried’s $250M bond deal

“Bill Ackman slams Sam Bankman-Fried’s $250M bond deal” Billionaire Bill Ackman criticized the $250 million bond deal that allowed disgraced FTX founder Sam Bankman-Fried to live at his parents’ Bay Area home while awaiting federal trial on fraud charges. The New York hedge fund manager, whose net worth was pegged by Forbes at $3.5 billion…

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#Bill Ackman denies defending Sam Bankman-Fried after FTX failure

#Bill Ackman denies defending Sam Bankman-Fried after FTX failure

“Bill Ackman denies defending Sam Bankman-Fried after FTX failure” Billionaire investor Bill Ackman pushed back on claims he was defending Sam Bankman-Fried after tweeting the crypto huckster’s excuses for FTX’s collapse were “believable.” The Pershing Square Capital Management boss turned heads last week after saying, “Call me crazy, but I think @sbf is telling the truth” –following…

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#Bill Ackman, Peter Thiel back investment firm taking on ‘woke’ capitalism

#Bill Ackman, Peter Thiel back investment firm taking on ‘woke’ capitalism

“Bill Ackman, Peter Thiel back investment firm taking on ‘woke’ capitalism” Pershing Square Capital boss Bill Ackman and tech billionaire Peter Thiel are among the investors backing an upstart fund that’s aiming to lead a movement against politically influenced “stakeholder capitalism.” Dubbed Strive Asset Management, the fund was founded by pharmaceutical investor Vivek Ramaswamy –…

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#Bill Ackman loses 0 million after Netflix shares tank

#Bill Ackman loses $400 million after Netflix shares tank

“Bill Ackman loses $400 million after Netflix shares tank” Hedge fund billionaire Bill Ackman has quickly given up on Netflix. The head of Pershing Square Capital Management is $400 million poorer after selling the 3.1 million shares of Netflix that he bought for $1.1 billion in January. Shares of Netflix nosedived by 35% on Wednesday…

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#Bill Ackman retiring from short-selling, ‘vocal’ activism

#Bill Ackman retiring from short-selling, ‘vocal’ activism

“Bill Ackman retiring from short-selling, ‘vocal’ activism” Billionaire investor Bill Ackman, who spent years building his reputation as a vocal corporate agitator, now plans to work mainly behind the scenes with management and adopt what he calls a “quieter approach” to force change. Fresh off three years of strong double digit returns, Ackman told investors…

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#Universal Music Group’s shares jump in stock market debut

#Universal Music Group’s shares jump in stock market debut

“#Universal Music Group’s shares jump in stock market debut” Shares of Universal Music Group soared more than 35 percent in the company’s stock market debut in Europe’s largest listing of the year to date. The world’s biggest record label, which represents musicians like Lady Gaga, Taylor Swift and Billie Eilish, traded around $29.32 a share…

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#Bill Ackman’s SPAC drops B Universal Music Group deal

#Bill Ackman’s SPAC drops $4B Universal Music Group deal

“#Bill Ackman’s SPAC drops $4B Universal Music Group deal” Billionaire investor Bill Ackman announced Monday 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. Ackman announced last month that his SPAC, or special-purpose acquisition company, called Pershing…

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