Hedge fund billionaire Bill Ackman and his wife, Neri Oxman, are donating 10 million shares in Pershing Square to help establish a major new brain research and rehabilitation centre in New York, according to a report by Bloomberg.
The shares, which are held through the couple’s Pershing Square Foundation, were worth almost $400m based on Pershing Square’s closing price on Wednesday.
The foundation has acquired a 400,000-square-foot building on Manhattan’s Upper West Side for the project and is u...
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