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 it has seen terms of a deal that show “Pershing Square Holdings Ltd.
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 euros in early European trading, but have risen 5.1% in the year to date.
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 ...
Bill Ackman, the legendary billionaire hedge fund manager over at Pershing Square Capital Holdings, has a new position, and it’s caused quite the bullish crowd to come herding over. Undoubtedly ...
Uber Technologies (NYSE: UBER) has left investors with a range of views. On the one hand, it has performed well in recent ...
The hedge fund manager behind Pershing Square Capital Management is a former investor in Berkshire, and has been called the ...
The board deemed Pershing Square Capital’s acquisition proposal “not acceptable in its current form,” and both sides signed a ...
Two billionaire Trump supporters suggesting that a Deep State cabal planned to assassinate Trump, enlisted one of the worst marksmen in America to do it, and CNN was in on it so they could televise it ...
Explore Bill Ackman's bold bid for Howard Hughes, its potential challenges, valuation insights, and the ambitious plan to ...
It's not enough to ruin the federal government. Musk doesn't think corporations should have to play by state rules, either.
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