Shares in music company Universal Music Group opened down 9% on Friday after hedge fund manager Bill Ackman’s Pershing Square ...

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 ...

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 ...

Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group, according ...

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 reported that UMG was their largest holding at the start of the day, accounting for approximately 27% of ...

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 ...

Optimist Fund’s exit from Xponential followed Anthony Geisler ‘s resignation. Analysts responded cautiously, with Baird ...

The newest trend in alternative investing is trying to look like Warren Buffett's conglomerate, Berkshire Hathaway Inc.

KKR Co-Chief Executive Officer Joe Bae has repeatedly cited Berkshire as the inspiration behind the New York-based firm’s ...

Wall Street heavyweights are mimicking Warren Buffett’s Berkshire Hathaway model, using insurance funds to fuel long-term ...