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 ...

Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s largest music company.

By Glenn Peoples Hedge fund Pershing Square Holdings is parting with 50 million shares of one of its most prized assets, Universal Music Group (UMG). The sale of 50 million shares ...

A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than €1.3 billion ($1.4 billion) from the sale of about a 2.7% stake ...

A group of Universal Music Group shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than $1.4 billion from the sale of a 2.7% stake in the world’s ...

Pershing Square Holdings announces the launch of a sale of 50M ordinary shares in Universal Music Group (UMGNF), corresponding to approximately 2.7% of UMG’s issued share capital. The placing ...

PARIS, March 13 (Reuters) - Pershing Square (PSHP.L), opens new tab CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG) (UMG.AS), opens new tab.

(Bloomberg) -- A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than €1.3 billion ($1.4 billion) from the sale ...

Anthropic wins early round in music publishers' AI copyright case Artificial intelligence company Anthropic convinced a California federal judge on Tuesday to reject a preliminary bid to block it ...

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. ...