Ackman’s Blank-Check Company Boosts IPO Target to $4 Billion

Ackman’s Blank-Check Company Boosts IPO Target to $4 Billion

Bill Ackman’s blank-check company increased the size of its initial public offering, aiming to raise $4 billion for an unspecified acquisition. Pershing Square Tontine Holdings Ltd. is now marketing 200 million units for $20 apiece, according to a regulatory filing...
Venture-Backed Silver Peak Is Said to Explore $1 Billion Sale

Venture-Backed Silver Peak Is Said to Explore $1 Billion Sale

Silver Peak Systems Inc., a networking company backed by venture capital firms Greylock Partners and TCV, is exploring a potential sale that could value it around $1 billion, according to people familiar with the matter. The Santa Clara, California-based company is...
How SoftBank’s Vision Fund Lost its Vision

How SoftBank’s Vision Fund Lost its Vision

  SoftBank’s Vision Fund has been making the news recently, and not in a good way. The massive corporation – led by Masayoshi Son, Japan’s richest man, initially started as a software distribution platform in 1981, and over the course of 39 years, the company...