Fannie Mae-No Politics (FNMA)

[Always wondering]

Bill Ackman has a blank check ready also...Largest SPAC ever?

https://www.cfo.com/ipos/2020/06/bill-ackman-files-for-largest-ever-spac-offering/

“The initial public offering for Pershing Square Tontine Holdings would be the largest-ever for a so-called special purpose acquisition company. Ackman’s Pershing Square Capital Management would also invest a minimum of $1 billion, according to a prospectus filed on Monday.”


Pershing said it would target venture-backed companies that “have achieved significant scale, market share, competitive dominance, and cash flow.”

Buying a “Mature Unicorn with incredible intrinsic value and outstanding growth potential.”