Pershing Square, Universal Music Group

Ackman’s Pershing to Raise $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 is set to raise about €1.3 billion ($1.4 billion) from the sale of about a 2.7% stake in the world’s largest music company.
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.
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.
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.
Pershing Square's Ackman confirms sale of some of its UMG shares
Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG). "We decided to sell a portion of our UMG position today," he wrote on X. "UMG was our largest position going into the day at more than around 27% of our capital.
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,
Pershing Square Sells Roughly $1.5 Billion In UMG Shares Ahead of US Secondary Listing — But Ackman’s Still Very, Very Bullish
Bill Ackman’s Pershing Square has raked in roughly $1.5 billion in the sale of a 2.7% stake in Universal Music Group ahead of a US secondary listing. Ackman announced the sale on social media, while Bloomberg reported “an offering of about 50 million Universal Music shares at €26.
Pershing Square announces launch of secondary offering of 50M UMG shares
Bill Ackman's Pershing Square (OTCPK:PSHZF) has announced the launch of a secondary offering of 50M ordinary shares in Universal Music Group N.V. (OTCPK:UMGNF), which translates to about 2.7% of UMG’s issued share capital,
Tracking Bill Ackman's Pershing Square 13F Portfolio - Q4 2024 Update
Pershing Square’s long-term performance is stellar, and it is trading at a ~30% discount to NAV. Click here to find out why I ...
Bill Ackman calls Warren Buffet’s investment strategy too conservative
The hedge fund manager behind Pershing Square Capital Management is a former investor in Berkshire, and has been called the ...
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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 ...
Billionaire Bill Ackman Has 43% of His Hedge Fund's $14.8 Billion Portfolio Invested in Just 3 Stocks
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Howard Hughes Holdings rejects Bill Ackman’s buyout offer
The board deemed Pershing Square Capital’s acquisition proposal “not acceptable in its current form,” and both sides signed a ...
Pershing Square’s Bill Ackman calls out Warren Buffett’s operational approach: Trial Balance
Ackman said he hopes to build “a modern Berkshire Hathaway," and expressed confidence in Buffett’s successor’s ability to ...
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 ...
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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 ...
Howard Hughes Extends Standstill Agreement With Pershing Square
Howard Hughes Holdings extended its standstill agreement for Pershing Square Capital Management to buy a majority stake in the real estate company. The standstill agreement, which was initiated March ...