PSUS trades below $49 cash per share, Bill Ackman notes

PSUS trades below $49 cash per share, Bill Ackman notes
Ackman buys PSUS and PS shares

Bill Ackman, CEO, hedge fund manager at Pershing Square, disclosed recent purchases of 500,000 shares of PSUS and 800,000 shares of PS in the open market.

Ackman highlighted that PSUS currently trades at a significant discount to its $49 cash per share, while PS trades below the $26.25 price where a 10% interest was sold. The investments and pricing details underline his outlook on the value proposition of these shares.

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