Ackman's SPARC Eyes Musk's X and Twitter for New Investment Opportunities
TL;DR Summary
Billionaire investor Bill Ackman is considering a potential deal with Elon Musk's X Corp as part of a new investment vehicle. Ackman's Pershing Square recently received regulatory approval for a special purpose acquisition company (SPARC) that targets private companies looking to raise $1.5 billion or more and potentially take them public. This move highlights Ackman's interest in partnering with X Corp for future investment opportunities.
- Ackman Considers Musk's X for New Investment Vehicle, WSJ Says Bloomberg
- Bill Ackman reportedly said he would 'absolutely' do a deal with X with his new SPARC funding vehicle CNBC
- Ackman's SPARC is seeking new deals with private companies Reuters
- WSJ says Ackman has indicted he'd be happy to take Twitter public - adds chances not great ForexLive
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