The music giant behind acts such as Taylor Swift and Sabrina Carpenter gets an offer from Bill Ackman's Pershing Square.

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.

Pershing Square pagaría 9.400 millones en efectivo por la compañía que tiene los derechos de artistas como Lady Gaga y Taylor Swift