Opinion: The SPACsplosion is about to become a liquidation frenzy — and that may be for the best

As the SPAC boom was beginning to rage two years ago, this column asked why in the world any company would want to be acquired by a former chief executive best known for executing one of the worst acq...

For Ackman’s Pershing Square, a Record of Big Hits and Misses

Pershing Square Capital’s William Ackman has had some successes in recent years, but also some big flops, with Netflix being the latest example. Bryan Bedder/Getty Images for The New York Times ...