Synonyms:
PERSHING SQUARE TONTINE HOLDINGS LTD. CLASS A
Description
Pershing Square Tontine Holdings, Ltd. (“PSTH”), a Delaware corporation, is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with a private company. PSTH’s sponsor is 100% owned by the Pershing Square Capital Management, L.P. (“PSCM”) funds.r r PSTH has not yet selected any specific business combination target. PSTH intends to pursue merger opportunities with private, large capitalization, high-quality, growth companies. PSTH will use PSCM’s substantial experience in identifying, analyzing, and determining business quality and the sustainable competitive advantages of a target company, as well as PSCM’s due diligence and negotiation expertise in executing a transaction. PSTH will seek targets in four principal market segments: high-quality IPO candidates, mature unicorns, private equity portfolio companies, and family-owned companies.
Industry & Sector
-
SIC Code
6770
Membership Access
Premium
Same Terms Found in OptionAutomator’s Content: