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Ackman's SPAC Nears Deal To Take World's Largest Music Business Public

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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Ackman's SPAC Is in Talks to Take Universal Music Pub...

The combined entity would be valued at about $40 billion, said the people, who asked not to be identified because the discussions are private. Deliberations are ongoing and the talks could still fall apart, they said.
Ackman’s special purpose acquisition company, called Pershing Square Tontine Holdings Ltd., raised $4 billion in a July initial public offering a record-setting amount for a SPAC. Such firms go public and then find promising companies to merge with. Ackman, a hedge fund manager, has said that his firm was on the hunt for a “mature unicorn.”
“We’re in a unicorn mating dance and we want to marry a very attractive unicorn on the other side that meets our characteristics,” he said in a Bloomberg Television interview at the time. “And we’ve designed ourselves to be a very attractive partner.” ....

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Burger King India shares hit 10% lower circuit for the second straight day

Burger King India shares end 10% lower for the second straight day
Burger King India shares end 10% lower for the second straight day
Burger King India share price: After today s price movement, the market capitalisation of Burger King India now stands at Rs 6,161.81 crore, according to the data available on BSE.
Updated: December 18, 2020 4:34:00 pm
A Burger King sign sits on display outside a fast food restaurant operated by Burger King Worldwide Inc. in Moscow, Russia, on Tuesday, Oct. 28, 2014. (Photographer: Andrey Rudakov/Bloomberg)
Shares of Burger King India hit their 10 per cent lower circuit on the stock exchanges for the second consecutive day on Friday. ....

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Burger King India shares hit 20% upper circuit for third straight day, surge 232% from issue price

Burger King India shares hit 20% upper circuit for third straight day, surge 232% from issue price
Burger King India shares hit 20% upper circuit for third straight day, surge 232% from issue price
Burger King India Shares: The market capitalisation (m-cap) of Burger King India touched Rs 7,604.47 crore on Wednesday, surging past Westlife Development s m-cap of Rs 7,311.72 crore, data available on the BSE showed.
Updated: December 16, 2020 6:12:37 pm
Vehicles and pedestrians pass a Burger King restaurant, operated by Burger King Worldwide Inc. and the Everstone Group, at night in Mumbai, India, on Monday, March 26, 2018. (Photographer: Dhiraj Singh/Bloomberg)
Burger King India: Shares of quick-service restaurant (QSR) major Burger King India continued to rally as they hit their 20 per cent upper circuit in the early deals on Wednesday. The stock hit its upper circuit mark for the third straight day post listing and eventuall ....

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Burger King India shares locked in 20% upper circuit, zoom 177% from issue price

Burger King India shares settle at 20% upper circuit, zoom 177% from issue price
Burger King India shares: So far in two days, the Burger King India scrip has surged a whopping 176.75 per cent from its issue price of Rs 60 on the BSE, while on NSE, it has jumped 170 per cent.
Updated: December 15, 2020 5:44:16 pm
A sign for Burger King is displayed outside one of the company s restaurants, operated by Burger King Worldwide Inc. and the Everstone Group, in Mumbai, India, on Monday, March 26, 2018. (Photographer: Dhiraj Singh/Bloomberg)
The shares of Burger King India continued their robust growth momentum for the second consecutive day post a ....

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