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Here's Why Bill Ackman's SPAC Deal Could Be a Great Long-Term Value

TheMotleyFool

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Here's Why Bill Ackman's SPAC Deal Could Be a Great Long-Term Value

Pershing Square Tontine Holdings (NYSE: PSTH), the massive SPAC controlled by billionaire investor Bill Ackman, recently announced a complicated deal that involved taking a 10% stake in Universal Music. In this Fool Live video clip, recorded on June 21, Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser discuss the details of the deal and why it could be an excellent value for long-term investors.

Source Fool.com

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