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. And adds:When asked by The Wall Street Journal if he would consider a transaction with X, the billionaire investor said “Absolutely.”Note, this is pie-in-the-sky stuff from the Journal:The chances of Ackman pulling off a deal for X aren’t great. Ackman says he has no idea if X is interested and would still need to determine whether or not a deal is doable. Still, some fun weekend reading from the Journal! Maybe I should start selling hats?

Source: Wall Street Journal October 01, 2023 21:36 UTC