Bill Ackman, Pershing and Universal Music Group

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 more than €1.3 billion ($1.4 billion) from the sale of about a 2.7% stake in the world’s largest music company.
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 Pershing Square.
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 to a report in Bloomberg. Ackman announced the sale on social media, but the numbers are from a Bloomberg source citing knowledge of the deal,
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 headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.
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 legend Warren Buffett and create a modern-day Berkshire Hathaway holding company with a proposal to acquire a 48% stake in Howard Hughes Holdings HHH.
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 down 8.
24/7 Wall St. on MSN1d
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 ...
CNN rejects Bill Ackman, Elon Musk statements it was ‘tipped off’ about Trump assassination attempt
Musk added that it was “weird” CNN chose to broadcast the rally live given that it was “in the middle of nowhere in ...
Bisnow12d
Howard Hughes Rejects Ackman’s Latest Takeover Plan But Leaves Door Open To Buyout
The board of directors for the developer of master-planned communities called the $90-per-share offer from Pershing Square ...
After Elon Musk's Delaware exit, state lawmakers weigh bill to overhaul corporate law
Many institutional investors, legal scholars and shareholders' attorneys have opposed the bill, arguing that it would harm ...
Decoding Ackman's $900 Million Proposal For Howard Hughes
Explore Bill Ackman's bold bid for Howard Hughes, its potential challenges, valuation insights, and the ambitious plan to ...
Investing.com UK2d
Pershing Square trims UMG stake, maintains it as largest position in portfolio
Investing.com -- Bill Ackman’s Pershing Square (LON: PSHP) Capital announced its decision to reduce its stake in Universal ...