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Bill Ackman’s $65 Billion Bid For Universal Music Rejected
The offer “fundamentally and materially undervalues” the company, UMG’s board said.
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forbes.com
Bill Ackman’s $64 Billion Bid To Acquire Universal Music Group ‘Not High Enough,’ Major Shareholder Says
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.
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channelnewsasia.com
Bollore urges UMG to reject Ackman's $64 billion bid
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…
