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Bill Ackman to Sell $290.5 Million in Stock Back to Universal Music After Rejected Takeover Offer
Bill Ackman is poised to sell $290.5 million in stock back to Universal Music Group after a rejected takeover offer.
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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.
