Ackman Is Seeking to Raise $3 Billion in an IPO — and He’s Picked a Slew of Minority-Owned Firms to Underwrite It

Pershing Square filed plans to debut a blank-check company.

Bill Ackman (Christopher Goodney/Bloomberg)

Bill Ackman

(Christopher Goodney/Bloomberg)

Bill Ackman plans to raise $3 billion for a new blank-check company — and he’s chosen seven minority firms as underwriters on the offering.

Pershing Square plans to invest an additional $1 billion, which will give the new vehicle a total $4 billion to buy a company.


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