Pershing Square Tontine Holdings – An Ethical Investment?

A close-up of Bill Ackman, Founder of the SPAC, Pershing Square Tontine Holdings

Bill Ackman, activist investor and founder and CEO of Pershing Square Capital Management has today launched a new enterprise. Pershing Square Tontine Holdings (PSTH) had its IPO today but doesn’t yet have a business – it’s a Special Purpose Acquisition Company (SPAC) that first raises money through an IPO and then later invests that cash … Continue reading Pershing Square Tontine Holdings – An Ethical Investment?