Pershing Square bids $64B for Universal Music Group
Pershing Square, led by billionaire investor Bill Ackman, has proposed a $64 billion takeover of Universal Music Group (UMG), marking a renewed attempt to gain control of the world’s largest music label. The offer, structured as a mix of cash and shares, values UMG at about 30.40 euros per share, representing a 78% premium over […]
