WSJ says Ackman has indicted he'd be happy to take Twitter public – adds chances not great
<p>The Wall Street Journal reported over the weekend on Bill Ackman's firm, Pershing Square, having received regulatory signoff Friday for a novel investment vehicle whose purpose is to invest in a privately held company and take it public.</p><p>And adds:</p><ul><li>When asked by The Wall Street Journal if he would consider a transaction with X, the billionaire investor said “Absolutely.” </li></ul><p>Note, this is pie-in-the-sky stuff from the Journal:</p><ul><li>The chances of Ackman pulling off a deal for X aren’t great. </li><li>Ackman says he has no idea if X is interested and would still need to determine whether or not a deal is doable. </li><li>X had no comment.</li></ul><p>Still, some fun weekend reading from the Journal!</p><p><a href="https://www.wsj.com/tech/bill-ackman-tweets-a-lot-of-big-ideas-his-biggest-might-be-combining-with-twitter-itself-f2cb53af" target="_blank" rel="nofollow">Link is here</a> for more (of the fluff), gated. </p><p>Maybe I should start selling hats?</p>
This article was written by Eamonn Sheridan at www.forexlive.com.
Leave a Comment