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Universal Purchases Part of Bill Ackman’s Pershing Square Shares in UMG
Universal Music Group purchased some of Bill Ackman's Pershing Square shares in the company after rejecting his bid to take control of the company.
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cryptobriefing.com
Pershing Square set to sell Universal Music stake after bid rejection
Bill Ackman plans to sell Pershing Square's 4.5% UMG stake after the music giant's board rejected his $64-65 billion takeover bid as fundamentally
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hollywoodreporter.com
Bill Ackman to Sell Remaining Universal Music Stock After Failed Acquisition Bid
The sale will end a tumultuous five-year relationship between Ackman and the world's largest music company.
