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 Worldwide14h
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 ...
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.
Trade tensions push European shares toward lowest dip in three months
European shares rose on Friday but were on track for their biggest weekly fall in three months, as escalating global trade ...
These Were the 2 Worst-Performing Stocks in the Dow Jones Industrial Average in February 2025
Among the blue-chip-laden Dow Jones Industrial Average (DJINDICES: ^DJI), the two worst-performing stocks in the month of ...
European Shares Set for Weekly Loss on Heightened Trade Tensions
European shares held steady on Friday but were on track for a weekly fall as escalating global trade tensions amplified ...
As Trump Attacks Elite Colleges, Their Usual Allies Are Nowhere in Sight
The president wants to punish schools like Columbia University for allowing campus protest. College megadonors don’t seem to ...
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 ...
The Forward17h
The Jewish guide to New York City’s mayoral election
The NYC mayoral race is crowded with candidates Andrew Cuomo, Mayor Eric Adams, Scott Stringer, Brad Lander, and more of ...