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Bill Ackman’s Pershing Square files for US IPO

Listing of new closed-end fund on NYSE would hand backers shares in management company Billionaire hedge fund manager Bill Ackman has filed for a US initial public offering for his Pershing Square vehicle on the New York Stock Exchange. Ackman plans to list shares in a new closed-end fund, Pershing Square USA, as he tries to realise hi... [2156 chars]

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