Bill Ackman, Pershing Square and Universal Music Group

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,
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.
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.
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 more than €1.3 billion ($1.4 billion) from the sale of about a 2.7% stake in the world’s largest music company.
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 ...
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Bill Ackman (Pershing Square Capital Management) Stock Portfolio Tracker
Bill Ackman is an American billionaire hedge ... The Harvard Business School graduate is the founder and CEO of Pershing Square Capital Management, which he established in 2004.
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 ...
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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 ...
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 ...
Pershing Square trims UMG stake, maintains it as largest position in portfolio
Pershing Square reported that UMG was their largest holding at the start of the day, accounting for approximately 27% of ...
Decoding Ackman's $900 Million Proposal For Howard Hughes
Explore Bill Ackman's bold bid for Howard Hughes, its potential challenges, valuation insights, and the ambitious plan to ...
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 ...