The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
Ridgewood NJ, a special purpose acquisition company (SPAC) is a business entity devoid of commercial operations, created exclusively to generate capital through an initial public offering (IPO) with the intention of acquiring or merging with an existing company.
Continue reading What Could Possible Go Wrong With That : SPAC’s or “Blank Check” Companies
the staff of the Ridgewood blog
Ridgewood NJ, billionaire hedge fund manager Bill Ackman founder and chief executive officer of Pershing Square Capital Management, a hedge fund management company. His investment approach has made him an activist investor. As of June 2023, Ackman’s net worth was estimated at $3.5 billion by Forbes.
Continue reading Bill Ackman Latest Wall Streeter to Embrace RFK Jr.’s Skepticism on Covid Vaccines