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 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.
Music Business Worldwide1d
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 ...
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 ...
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 ...
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 ...
GlobalCapital1d
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 ...
Pershing Square to Sell $1.5 Billion of Universal Music Group Shares
Pershing Square Holding will sell $1.5 billion worth of Universal Music Group shares on the Euronext Amsterdam exchange.
Reuters2d
Pershing Square's Ackman confirms sale of some of its UMG shares
PARIS, March 13 (Reuters) - Pershing Square (PSHP.L), opens new tab CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG) (UMG.AS), opens new tab.
Pershing Square trims UMG stake, maintains it as largest position in portfolio
Pershing Square reported that UMG was their largest holding at the start of the day, accounting for approximately 27% of ...
Variety2d
Bill Ackman’s Pershing Square to Raise $1.4 Billion From Sale of 2.7% of Universal Music Group
Ackman wrote about his plans in a post on X on Thursday. While he had some strong words about UMG, in which Pershing currently owns a 7.6% stake, delist from the Euronext in Amsterdam in the wake ...