Bill Ackman, a billionaire hedge fund manager, says he has moved his management company from Delaware.
Follow similar statements from companies such as Dropbox and SPACEX.
Some companies oppose Delaware, which is considered to be a historic business -friendly state.
Bill ACKMAN, a CEO of Pershing Square Capital Management, states that his management company will move his management company from Delaware and reconstruct Nevada.
His announcement, which came to X post on Saturday morning, responded to the news that Dropbox was doing the same. “We are reconstructing Nevada management companies for the same reason. The top law firms recommend Nevada and Texas rather than Delaware,” said Ackman.
Pershing Square Capital Management has refused to comment further.
Other famous public companies announced last year to withdraw from Delaware, the hometown of former former President Joe Biden, in order for some companies to historic business -friendly states.
Tesla’s CEO, Eulon Musk, spent most of 2024, encouraging a company established in Delaware after repeatedly defeating the $ 55 billion Tesla compensation package. With this decision, the mask has now moved SpaceX to Texas.
Many of these established public companies are concerned about the recent Delaware Court, including the salary package of the mask, and allows shareholders to argue in execution decisions.
Wall Street Journal reported on Friday, Meta, who is maintaining a corporate structure approaching Total Control in CEO Mark Zuckerberg, is considering registering Delaware in Texas or another state.
Meta’s spokeswoman refused to comment on whether or not he is considering reorganization outside of the Delaware state, saying that there is no plan to move the headquarters to California.
CEOs of billionaire, such as ACKMAN, Zuckerberg, and MUSK, hope that other state courts such as Texas and Nevada will not allow litigation from shareholders and boards.
Fixed: January 25, 2025 -Wall Street Journal reported that meta platforms are quoting people who are familiar with the problem and discussing the imports of imports from Delaware. The previous version of this article reported that the meta itself was considering such a movement.
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