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2min chapter
$25 Billion to Zero: Bill Ackman’s Bungled IPO
The Journal.
The Rise and Fall of an IPO Vision
This chapter explores the abrupt collapse of Bill Ackman's $25 billion IPO plan for the closed-end fund PSUS, unraveling the unexpected challenges that led to its downfall. It also reflects on Ackman's overall hedge fund performance, showcasing his significant returns despite this setback.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode