UMG's board of directors said Friday the proposal "is not in the best interests of UMG, its shareholders, artists, songwriters, employees and other stakeholders."

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 : 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…

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…

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

The offer “fundamentally and materially undervalues” the company, UMG’s board said.

Universal Music Group N.V. Board of Directors Declines Unsolicited Pershing Square Proposal

The Universal Music Group board has rejected a $64 billion takeover bid from Bill Ackman’s Pershing Square, saying it is 'not in [its ]best interests'

UMG's board of directors said Friday the proposal "is not in the best interests of UMG, its shareholders, artists, songwriters, employees and other stakeholders."

Universal Music Group's board has rejected Bill Ackman's Pershing Square offer.

Ackman, through his Pershing Square hedge fund, had offered in April to take over UMG in a deal valuing the music giant at around €55 billion. But UMG says that the offer…

AAlegação traz que a proposta "subavalia fundamental e materialmente a Universal Music Group e não entregaria uma criação de valor superior"

Universal Music Group Rejects $65 Billion Buyout Offer From Bill Ackman

La compañía de Wall Street pretendía comprar la multinacional discográfica por más de 55.000 millones de dólares, pero ésta lo ha rechazado porque «no beneficia ni a los…

La discogr�fica Universal Music Group (UMG) rechaz� este viernes la opa de 55.000 millones de euros del fondo Pershing Square Capital, liderado por Bill Ackman, d�as despu�s de...