Ackman reincorporates management company in Nevada

Bill Ackman Relocates Management Company HQ to Nevada

Renowned investor Bill Ackman, CEO of Pershing Square, announced the relocation of his management company to Nevada. Ackman cited recommendations from leading law firms favoring Nevada and Texas over Delaware as reasons for the move. Pershing Square declined to provide further comment.

This follows similar decisions by Elon Musk, who relocated Tesla and SpaceX to Texas and Neuralink to Nevada. Musk's move came after a Delaware court ordered him to relinquish his $56 billion compensation package.

Corporate Diversity in Retreat: Citigroup, PepsiCo Join Exodus Amid Scrutiny

Major Companies Retreat from DEI Programs Amid Scrutiny and Legal Changes

Published on: February 21, 2025, 11:01 PM UTC

Rivian Earnings: Hits Gross Profit Target, Narrows Loss Outlook

Rivian (RIVN) reported positive Q4 results, achieving gross profit, beating EBITDA loss estimates, and providing 2025 guidance. Despite strong results, RIVN stock dipped in early trading after Q1 delivery expectations fell short.

Published on: February 21, 2025, 10:02 PM UTC

Nvidia Earnings Preview: Still a Market Force, But No Longer the Center

Nvidia's earnings report next week may not have the same market impact as in past quarters due to a broadening market and slowing growth.

Published on: February 21, 2025, 02:02 PM UTC

Rivian Q4 CY2024 Earnings: Revenue Surprises, Margins Improve

Rivian (RIVN) Q4 CY2024 results beat revenue estimates, with sales up 31.9% year-on-year to $1.73 billion. The non-GAAP loss per share of $0.46 was 28.1% above consensus estimates. Find out if now is the time to buy Rivian in our full research report.

Published on: February 20, 2025, 10:04 PM UTC

Together AI valued at $3.3 billion after $305 million funding

Together AI's valuation surges to $3.3 billion after a $305 million funding round led by General Catalyst.

Published on: February 20, 2025, 05:03 PM UTC

Ackman reincorporates management company in Nevada

Related Posts

Corporate Diversity in Retreat: Citigroup, PepsiCo Join Exodus Amid Scrutiny

Rivian Earnings: Hits Gross Profit Target, Narrows Loss Outlook

Nvidia Earnings Preview: Still a Market Force, But No Longer the Center

Rivian Q4 CY2024 Earnings: Revenue Surprises, Margins Improve

Together AI valued at $3.3 billion after $305 million funding

Categories

Tags

Hot Posts