billackman
ValueWalk
What’s New In Activism – Ackman Flips Netflix BetBill Ackman flipped his Netflix Inc (NASDAQ:NFLX) bet, selling all of the shares owned by his firm Pershing Square Capital Management at an implied loss of roughly $400 million. Netflix shares plunged more than 35% on April 20, their biggest one-day drop since 2014, after the streaming giant reported a 200,000 fall in subscribers in its latest quarter. Q1 2022 hedge fund letters, conferences and more "One of our learnings from past mistakes is to act promptly when we discover new information about an investment that is inconsistent with our orig...
ValueWalk
Whitney Tilson’s email to investors discussing the Pivot conference in Miami; back to Earth or temporary setback? Revisiting the FANGAM stocks; are activist short sellers misunderstood? Q4 2021 hedge fund letters, conferences and more Pivot Conference In Miami1) As you read this, I'm on a flight to Miami for the first-ever Pivot conference, named after the podcast I enjoy that's hosted by two of my favorite commentators, NYU marketing professor Scott Galloway and New York Times tech columnist Kara Swisher. I'm looking forward to hearing from them as well as a range of great speakers, including...
ValueWalk
Whitney Tilson’s email to investors discussing how millennial investors lost millions on Bill Ackman’s SPAC; avoid AMC Entertainment Holdings Inc (NYSE:AMC); tight market for apartments in New York City. Q2 2021 hedge fund letters, conferences and more How Millennial Investors Lost Millions on Bill Ackman's SPAC1) Kudos to Michelle Celarier of Institutional Investor for a good piece of investigative journalism – an in-depth dive into how 17 investors lost their shirts investing in Pershing Square Tontine Holdings (NYSE:PSTH): How Millennial Investors Lost Millions on Bill Ackman's SPAC. It sho...
ValueWalk
The requirements for any potential merger company will be challenging Q2 2021 hedge fund letters, conferences and more Bill Ackman’s special purpose acquisition company (SPAC) Pershing Square Tontine Holdings (NYSE:PSTH) just dumped its complicated deal to acquire 10% of Universal Music Group (UMG) for the SPAC. As a result, PSTH stock faces more uncertainty and doubt about its ability to close on a large reverse merger. In an interview with CNBC on July 19, Bill Ackman more or less blamed his pulling of the UMG deal for PSTH on comments and statements made by the Securities and Exchange Commi...
ValueWalk
What’s New In ActivismBill Ackman was forced to rejig his deal to buy 10% of Vivendi’s Universal Music Group. The activist had struck a deal earlier in the year with Vivendi, worth $4 billion, that would have used up the majority of Ackman’s Pershing Square Tontine Holdings special purpose acquisition company (SPAC). Q2 2021 hedge fund letters, conferences and more Ackman’s investment in Universal Music will now go through his main hedge fund rather than the SPAC, after U.S. regulators questioned whether the deal with Vivendi adheres to New York Stock Exchange rules. In an open letter to share...
ValueWalk
In a sensational tweet shot off today, local investor, Codie Sanchez, claims that her one single laundromat makes more money than the multi-billion Uber Corporation. Q2 2021 hedge fund letters, conferences and more Disclaimer: This is a satirical article. Uber: Valued at $85 billion, loses $500 million per year My Laundromat: Bought for $100k, nets $67k per year — Codie Sanchez 💥 (@Codie_Sanchez) July 21, 2021 Ackman To Take Laundromat Public Through PSTHAfter fact checking Codie’s statement (we are very “credible” and full of “integrity”) we can fully state that Codie is 100% correct in her a...
ValueWalk
Whitney Tilson’s email to investors discussing Enrique Abeyta’s take on Pershing Square Tontine Holdings Ltd (NYSE:PSTH). Q2 2021 hedge fund letters, conferences and more PSTH's Deal With UMG Is A No GoHere's an excerpt from the update my colleague Enrique Abeyta sent to his Empire SPAC Investor subscribers yesterday on Bill Ackman's Pershing Square Tontine Holdings (PSTH): Today's announcement that Pershing Square Tontine Holdings can no longer consummate its transaction with Universal Music Group ("UMG") has to be a disappointment for Bill Ackman – but less so for shareholders. Ackman had co...
ValueWalk
Following is the unofficial transcript of a CNBC exclusive interview with Pershing Square Capital Management CEO Bill Ackman on CNBC’s “Squawk Box” (M-F, 6AM-9AM ET) today, Monday, July 19. Following is a link to video on CNBC.com: Q2 2021 hedge fund letters, conferences and more Bill Ackman On Pulled SPAC: New SEC Concerns Killed Universal Music DealANDREW ROSS SORKIN: Meantime, big headline this morning. We learned that Bill Ackman’s blank check company was dropping a roughly $4 billion deal to buy 10% of Universal Music Group, home to stars like Taylor Swift and Lady Gaga. And in a letter t...
ValueWalk
Despite announcing a merger target, PSTH stock still looks to be all about investor’s belief in Bill Ackman Q1 2021 hedge fund letters, conferences and more The last time I wrote about Pershing Square Tontine Holdings (NYSE:PSTH) was at the beginning of May. At the time, PSTH stock was down 27% from its February high. But without a target, investors were losing patience. That began to change in early June. Bill Ackman, the SPAC’s founder, announced his intention to buy a stake in Universal Music Group (UMG) from parent company Vivendi (OTCMKTS:VIVEF). There are many elements of this deal that ...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら