The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.

This story has been updated to reflect that Bill Ackman’s social media post in support of Whitney Tilson’s candidacy for New ...

Billionaire hedge fund manager Bill Ackman announced plans to build a modern-day Berkshire Hathaway ( BRK.A 1.68%) ( BRK.B ...

Canton's former Blue Hill Tavern space gets a new restaurant, a Miami firm buys into a Cecil County development, and more ...

Billionaire Bill Ackman helped fund the spinoff of Howard Hughes Holdings Inc. from General Growth Properties in 2010 and has been a big shareholder in the real-estate company since then.

Billionaire investor Bill Ackman is once again flexing his political muscle — this time by publicly touting the New York ...

William Joseph Gerdeman, age 75, passed away peacefully, surrounded by family on December 14, 2024, after a brief battle ...