The Wall Street Journal reported over the weekend on Bill Ackman's firm, Pershing Square, having received regulatory signoff Friday for a novel investment vehicle whose purpose is to invest in a privately held company and take it public.
And adds:
- When asked by The Wall Street Journal if he would consider a transaction with X, the billionaire investor said “Absolutely.”
Note, this is pie-in-the-sky stuff from the Journal:
- The chances of Ackman pulling off a deal for X aren’t great.
- Ackman says he has no idea if X is interested and would still need to determine whether or not a deal is doable.
- X had no comment.
Still, some fun weekend reading from the Journal!
Link is here for more (of the fluff), gated.
Maybe I should start selling hats?