#AceFinanceDesk ………..Pershing Square Tontine Holdings Ltd, the blank check company backed by billionaire investor Bill Ackman, has increased the size of its initial public offering by $1 billion to $4 billion, the largest ever IPO by a special purpose acquisition company

Reuters report …………”Ackman’s latest vehicle will handily beat out former Citigroup Inc (C.N) executive Michael Klein’s Churchill Capital III Corp CCXX.N, which raised $1.1 billion in February, to become the largest ever SPAC.”

Published: July.13: 2020: https://t.co/xCAoDTdedb

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