Ackman’s Pershing Raises $1.4 Billion in UMG Stake Sale
A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised ...
Bill Ackman’s Pershing raises $1.4 billion in Universal Music Group stake sale
The placement comes as Taylor Swift’s record label plans a U.S. share sale agreed in order to fulfill an agreement with ...
Bill Ackman’s Pershing Square to Raise $1.4 Billion From Sale of 2.7% of Universal Music Group
Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group, according ...
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Bill Ackman Wants to Build a “Modern-day” Berkshire Hathaway—Here’s How
It’s not hard to imagine why so many people want to channel Warren Buffett and his legendary firm Berkshire Hathaway ...
Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'
News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...
Tracking Bill Ackman's Pershing Square 13F Portfolio - Q4 2024 Update
Pershing Square’s long-term performance is stellar, and it is trading at a ~30% discount to NAV. Click here to find out why I ...
Howard Hughes Holdings rejects Bill Ackman’s buyout offer
The board deemed Pershing Square Capital’s acquisition proposal “not acceptable in its current form,” and both sides signed a ...
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From Sony’s deepfake takedowns to Ackman’s UMG stake sale… it’s MBW’s Weekly Round-Up
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our ...
Music Business Worldwide2d
Bill Ackman’s Pershing Square to raise $1.4bn from sale of 2.7% stake in UMG (report)
Bill Ackman’s Pershing Square is set to raise $1.4 billion from the sale of “about a 2.7% stake” in Universal Music Group. That’s according to Bloomberg, which reported this afternoon (March 13) that ...
Universal Music Stock Drops After Bill Ackman's Hedge Fund Cuts Stake
Universal Music stock fell after hedge-fund billionaire Bill Ackman said Pershing Square is cutting its stake in the world’s largest record label. Shares in the label behind Taylor Swift (NL:UMG) were ...
Universal Music Shares Fall After Ackman's Pershing Decides to Cut Stake
Shares in Universal Music Group fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company. Shares traded 6.9% lower to 25.97 ...