Bill Ackman to wind up SPAC, return $4 billion to investors

Bill Ackman to wind up SPAC, return $4 billion to investors

Bill Ackman during a Bloomberg Television interview on November 1, 2017. Billionaire investor William Ackman, who had raised $4 billion in the biggest-ever special purpose acquisition company (SPAC), told investors he would be returning the sum after failing to find a suitable target company to take public through a merger. Christopher Goodney | Bloomberg | …

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