Bill Ackman's Pershing Square said Universal Music's stock price has "languished" due to a range of issues that can be addressed with the merger.
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Bill Ackman’s Pershing Square said Tuesday it is planning to buy Universal Music Group
in a cash and stock deal.
UMG will form a newly merged company with Pershing Square and list on the New York Stock Exchange, according to the terms of the transaction, which is expected to close by the end of the year.
Shareholders will receive a total of 9.4 billion euros ($10.85 billion) in cash and 0.77 shares of new stock for each share of UMG held.
Universal Music receives takeover offer from Bill Ackman’s Pershing Square
Universal Music Group gets $64bn takeover offer from Bill Ackman's Pershing Square
Billionaire investor Ackman makes $64bn bid for Universal Music Group
El inversor activista Bill Ackman se lanza a por Universal Music en una operación de 55.800 millones
Bill Ackman’s Pershing Square offers to buy Universal Music Group
Il miliardario Bill Ackman ha fatto un'offerta da 65 miliardi di dollari per comprare Universal Music
lI fondo Pershing mette sul piatto 9,4 miliardi di dollari per Universal Music
La industria musical sufre turbulencias, ¿el tiburón Bill Ackman las resolverá?
Bill Ackman strikes a chord with Universal bid
Bill Ackman tries to make music and money mix with €55bn Universal bid
Billionaire claims world’s biggest music company has suffered due to postponement of US listing
The music giant behind acts such as Taylor Swift and Sabrina Carpenter gets an offer from Bill Ackman's Pershing Square.
Universal Music, the label behind superstars Taylor Swift and Bad Bunny, is expected to list in NY from Amsterdam.
Pershing Square pagaría 9.400 millones en efectivo por la compañía que tiene los derechos de artistas como Lady Gaga y Taylor…
Deal would shift the listing of the world’s largest music company from Amsterdam to New York
Il miliardario statunitense Bill Ackman ha fatto un’offerta da 65 miliardi di dollari per acquisire Universal Music Group, o UMG,…
