A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised ...

News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...

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 ...

Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our ...

Uber Technologies (NYSE: UBER) has left investors with a range of views. On the one hand, it has performed well in recent ...

Bill Ackman is one of the most closely followed ... The hedge fund's $14.8 billion portfolio is heavily concentrated in just a handful of companies with three accounting for 43% of its value.

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 ...

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 ...

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 ...

Pershing Square Holding will sell $1.5 billion worth of Universal Music Group shares on the Euronext Amsterdam exchange.