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Bill Ackman, Universal Music Group

Bloomberg on MSN · 1d

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.

Los Angeles Times · 16h

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.

Variety on MSN · 1d

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.

GlobalCapital23h

Universal Music shares fall after Ackman sells €1.3bn block

Shares in music company Universal Music Group opened down 9% on Friday after hedge fund manager Bill Ackman’s Pershing Square ...

1d

Ulta Beauty, UMG, Chipotle: Trending tickers

Ulta Beauty (ULTA) shares gain after delivering a fourth quarter earning beat. Shares of Universal Music Group (UMG.AS) are ...

Investing.com Australia1d

Pershing Square trims UMG stake, maintains it as largest position in portfolio

Investing.com -- Bill Ackman’s Pershing Square (NYSE: XYZ) Capital announced its decision to reduce its stake in Universal ...

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