1. Pershing Square's Ackman Eyes $1 Billion-Plus 'Blank-Check' Company

    Pershing Square's Ackman Eyes $1 Billion-Plus 'Blank-Check' Company

    Ackman, whose New York-based hedge fund has more than $10 billion in assets under management, is working with investment banks Jefferies, UBS Group AG and Citigroup Inc on the IPO, referred to on Wall Street as a special purpose acquisition company (SPAC), the sources said...

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