Bill Ackman, the owner of investment firm Pershing Square, said on Saturday that he is reincorporating his management company in Nevada.
Last year, Elon Musk moved Tesla and SpaceX’s incorporation to Texas and shifted Neuralink’s incorporation to Nevada. Musk’s move to exit Delaware came after a court in the state ordered him to give up his $56 billion compensation package.
Source: FINANCE.YAHOO
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