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Ackman’s Pershing Square Proposes Universal Music Merger

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Bloomberg Markets 1 day ago • bloomberg.com
Ackman Proposes €56 Billion Universal Music Deal
Billionaire activist Bill Ackman has pitched a deal which would see his investment firm, Pershing Square, combine with Universal Music, the world’s largest music company. Bloomberg's Benoit Berthelot breaks down the prop…
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Bloomberg Markets 1 day ago • bloomberg.com
Ackman’s Pershing Square Proposes Universal Music Merger
Pershing Square has proposed a combination with Universal Music that would move the listing into a US-based acquisition vehicle. Bill Ackman’s fund said the deal will value the world’s biggest music label at a 78% premiu…
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