An hourglass and businessman holds his hands in the lock. Job interview concept. Business planning. Management and distribution of time. Making a business deal. Debt restructuring.


– Pershing Square Holdings (OTCPK:PSHZF) wrote in its annual report Monday that its hot SPAC Pershing Square Tontine Holdings (NYSE:PSTH) won’t be announcing an M&A deal before Q1 ends Wednesday. But the parent firm added that it still plans to launch a Pershing Square Tontine Holdings II.

– “While we previously believed that we would be able to announce a potential transaction by the end of this quarter, we will not be in a position to do so,” Pershing Square chief Bill Ackman wrote ...

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