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The Congress Member Who Bought Shares Of Trump’s SPAC Probably Won’t Surprise You

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Bill Ackman’s New SPARC Deal Screams “Buy Pershing Square”

Everything with Bill Ackman’s Pershing Square Tontine Holdings (NYSE:PSTH) SPAC (special purpose acquisition company) is complicated. When it comes to SPAC stocks, PTSH is just a little different than the rest. Source: Dmitry Demidovich/ShutterStock.com First, Ackman set up the deal with a different structure ($20 par value vs. $10 for other SPACs) compared to others. Then, he tried to use PSTH stock to buy a 10% stake in Universal Music Group (OTCMKTS:UMGNF) in a complicated pre-public deal str

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