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HQLA Essentials
HQLA
47 episodes
5 hours ago
What you need to know about Crypto, Companies, and Cars.
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Investing
Business
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All content for HQLA Essentials is the property of HQLA and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
What you need to know about Crypto, Companies, and Cars.
Show more...
Investing
Business
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Bill Ackman's SPAC | Pershing Square Tontine Holdings (PSTH)
HQLA Essentials
35 minutes 47 seconds
3 years ago
Bill Ackman's SPAC | Pershing Square Tontine Holdings (PSTH)

Bill Ackman is up next, with his hedge fund gains, his holding company, and his newest SPAC PSTH. While Bill Ackman has had some impressive celebrity wives, he also has had a lot of beef with other businessmen, including Carl Ichan and Herbalife, which Ackman took a hefty short position against, betting $1 Billion that it would crash to zero.  

Pershing Square Tontine Holdings is Ackman's Special Purpose Acquisition Company (SPAC) that was set to take on Universal Music Group, however,  up against SEC interference, the future of the SPAC is uncertain.

HQLA Essentials
What you need to know about Crypto, Companies, and Cars.