Bill Ackman on Pershing Square IPO: It’s the ‘democratization of capitalism’
Pershing Square CEO Bill Ackman joined CNBC’s “Squawk on the Street” on Wednesday to discuss the firm’s long-awaited push into public markets.
“Hedge funds are sort of known for managing money for rich people. And now we have the opportunity for someone with $50, could be a long term shareholder,” Ackman said.
