Feb 1 (Reuters) -
Bill Ackman, the owner of investment firm Pershing Square,
said on Saturday that he is reincorporating his management
company in Nevada.
"We are reincorporating our management company in Nevada...,"
the billionaire investor said in response to a post on X, adding
that top law firms are recommending Nevada and Texas over
Delaware.
Pershing Square did not immediately respond to a Reuters
request for comment outside business hours.
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.