PARIS, May 27 : Cyrille Bollore, chief executive of the Bollore Group, said on Wednesday he was urging Universal Music Group's management to reject Bill Ackman's takeover proposal, citing three key objections: the price was too low, the deal used UMG's own money rather than Ackman's, and Ackman's management style wa

The Bolloré Group, a major shareholder in Universal Music Group, urged the record label to reject Bill Ackman’s $64 billion bid, saying it undervalues the company.

PARIS, May 27 : Bollore CEO Cyrille Bollore on Wednesday urged Universal Music Group to reject Bill Ackman's takeover proposal, saying the offer undervalued the label, relied on…

PARIS, May 27 : Cyrille Bollore, chief executive of the Bollore Group, said on Wednesday he was urging Universal Music Group's management to reject Bill Ackman's takeover…

Vincent Bolloré has formally rejected Bill Ackman’s $64bn Pershing Square offer for Universal Music Group, ending the largest music-industry take-private bid in history.

Cyrille Bollore, chief executive of the Bollore Group, has publicly urged Universal Music Group's management to reject a takeover proposal from billionaire investor Bill Ackman

Rund 56 Milliarden Dollar bietet Bill Ackmans Hedgefonds Pershing Square für den Musikkonzern Universal Music Group. Das entspricht einem Aufschlag von 78 Prozent gegenüber Anfang…

The Bolloré Group has rejected Bill Ackman's bid to purchase Universal Music Group.

O bilionário Bill Ackman divulgou a intenção de comprar a gravadora em abril deste ano

"He is not making an offer with his own money, it is our money, the company's money," Cyrille Bolloré said on Wednesday of Ackman's proposal.

Cyrille Bolloré diz a investidores da empresa que deveriam rejeitar a proposta

Cyrille Bollore urged Universal Music Group to reject Bill Ackman's $64 billion takeover bid as undervalued.