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Pershing Square Tontine Holdings, Ltd. ("PSTH"), a Delaware corporation, is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with a private company. PSTH's sponsor is 100% owned by the Pershing Square Capital Management, L.P. ("PSCM") funds.
Bill Ackman is PSTH's Chairman and CEO. He will work closely with the PSCM investment team and the other employees of PSCM to fulfill PSTH's corporate mission. Mr. Ackman has spent 28 years in the investment management industry, the last 16 years as CEO of PSCM.