(Reuters) -Pershing Square USA, a fund managed by billionaire Bill Ackman, has postponed its initial public offering, according to a notice on the New York Stock Exchange’s website on Friday.
The delay follows Ackman’s recent slashing of the fundraising target for the U.S. fund.
The IPO was originally scheduled to price on Monday.
Pershing Square did not immediately respond to a Reuters request for comment.
(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Tasim Zahid)
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