Bill Ackman's blank check company raises $4 billion in U.S. IPO

[July 22, 2020]  (Reuters) - Pershing Square Tontine Holdings Ltd <PSTH_u.N> has raised $4 billion in its U.S. initial public offering, the blank check company backed by billionaire investor Bill Ackman said on Wednesday.

The firm sold http://pdf.reuters.com/htmlnews/
htmlnews.asp?i=43059c3bf0e37541&u
=urn:newsml:reuters.
com:20200722:nBw9dglnRa 200 million units at $20 each making it the largest ever IPO by a special purpose acquisition company.

(Reporting by C Nivedita and Joshua Franklin; Editing by Shinjini Ganguli)

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